UML & NC finalising ministerial list, Oli-led govt to be sworn-in on Monday

Quick Summary:

K P Sharma Oli, who is set to become Nepal's new Prime Minister, was busy on Saturday consulting his alliance partner Nepali Congress in preparing the list of ministers to be inducted into the new coalition government that is likely to be sworn in on Monday.

Amid political turmoil in the Himalayan nation, Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) chairman Oli, 72, is set to become prime minister once again after incumbent Prime Minister Pushpa Kamal Dahal 'Prachanda' on Friday failed to win a trust vote in Parliament.

President Ram Chandra Paudel is expected to appoint Oli, 72, as the new Prime Minister of the Nepali Congress (NC)-UML coalition by Sunday afternoon.

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Category: BusinessFinance

Markets: IndiaNepal

Topics: Oli-led government Ministerial list Sworn-in K P Sharma Oli

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-13 @ 17:40:41 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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