CPN-UML chairman KP Sharma Oli is set to take the reins of the country again after Nepal's President appointed him as the Prime Minister of the Himalayan nation on Sunday.
Oli, who is set to take the top office on Monday, succeeded Pushpa Kamal Dahal Prachanda in the vote of power and is now set to return as the Prime Minister of the country for the fourth term, albeit in a coalition government.
About the Coalition Pact
K. P. Sharma Oli, CPN-UML chairman, who is set to take the oath as Prime Minister on Monday during a swearing-in ceremony organized at 11 a.m. at Shital Niwas, the main building of Rashtrapati Bhawan, secured the top post with the backing of NC president Sher Bahadur Deuba.
Oli, who submitted the signatures of 165 House of Representatives (HoR) members in his support, after Prime Minister Pushpa Kamal Dahal Prachanda lost the vote of confidence in Nepal's Parliament, received the backing of 88 Nepali Congress (NC) members, along with 77 from his Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) party.
However, it is pertinent to note that the coalition backing also comes with a seven-point deal inked among the leaders last week. The two leaders agreed that the remaining term of the Parliament would be shared between them, turn by turn. In the first phase, Oli will become the Prime Minister for 18 months as per the agreement, and then the other will take over.
Moreover, ahead of the present political development, the CPN-UML leader is set to form a small cabinet on Monday, according to sources close to him.
Oli's term in power
Oli was first appointed as Nepal's prime minister from October 11, 2015, to August 3, 2016 and, again, from February 5, 2018, to July 13, 2021. He continued to serve for the third term from May 13, 2021 also because of an appointment by the then-President Bidya Devi Bhandari. However, but within three months of his appointment, the Supreme Court ruled that Oli's claim to the post of prime minister was unconstitutional.
