KP Oli sworn in as new Nepal PM

International News

The CPN-UML on Thursday picked party Chairman K.P. Sharma Oli as the next Prime Minister of Nepal, a senior leader of the party said, over two months after the successful conclusion of historic parliamentary polls.

Oli, 65, assumed the post for the second time.

Nepal has cycled through 11 prime ministers since the civil war ended in 2006, allowing corruption to flourish and growth stagnate.

"The next Prime Minister KP Sharma Oli will be taking the oath this evening at 4 PM in Sheetal Niwas", Chetan Adhikari, Press Advisor for KP Oli informed ANI over Phone. The NC was behind the CPN-UML and the CPN (Maoist Centre), winning just 23 seats out of a total 165 seats under the first-past-the-post (FPTP) system.

After making an address to the nation following a cabinet meeting this morning, Deuba put forth his resignation in the wake of completion of the electoral processes of provinces, House of Representatives and National Assembly.

Head of the Maoist party, Pushpa Kamal Dahal - also known as Prachanda - will take over from Oli as prime minister before his five-year term ends, under an agreed power-sharing deal.

He will now have to prove his majority in the federal parliament within 30 days, which will be a cakewalk because he is backed by CPN (Maoist-Centre) in the Left Alliance. The President then appointed him as the new PM immediately after caretaker PM Sher Bahadur Deuba resigned.

Oli, leader of the Communist Party of Nepal (Unified Marxist-Leninist) led an alliance with former Maoist rebels to victory in Nepal's December elections.

In 275 member House of Representatives, the lower house of parliament, Left Alliance secured nearly two third majority by winning 174 seats.

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