KP Sharma Oli appointed Nepal's new prime minister, to succeed PK Dahal

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KP Sharma Oli appointed Nepal's new prime minister, to succeed PK Dahal - Business Standard

Quick Summary:

K P Sharma Oli was appointed Nepal's Prime Minister for the third time on Sunday to lead the new coalition government that faces the daunting challenge of providing political stability in the country.

President Ram Chandra Paudel appointed Oli as the new Prime Minister of the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML)-Nepali Congress (NC) coalition.

Oli, 72, succeeds Pushpa Kamal Dahal Prachanda who lost the vote of confidence in the House of Representatives on Friday, leading to the formation of the new government process as per Article 76 (2) of the Constitution.