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Veteran Nepalese leader Oli returns as PM, tasked with ensuring stability

Business Standard LogoBusiness Standard2d ago

Veteran Nepalese leader Oli returns as PM, tasked with ensuring stability - Business Standard

Quick Summary:

Almost on predictable lines, the Oli-led Communist Party of Nepal-Unified Marxist Leninist (CPN-UML), which is the largest party in the ruling coalition, withdrew support from the government led by Prime Minister Pushpa Kamal Dahal 'Prachanda' last week.

K P Sharma Oli, a wily politician who has wrecked many governments in Nepal in the past and endangered ties with India during his first tenure, has a tough task ahead as the new prime minister amidst frequent political turmoil.

Oli, 72, ditched his one-time friend Prachanda to join hands with his foe-turned-friend Sher Bahadur Deuba, leading the largest party in the House of Representatives, the Nepali Congress for the remaining 40 months of Parliament.


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Category: BusinessFinance

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 18:56:31 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1225 words

Reading Time: 7 minutes read

Sentences: 42 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21610319

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