K P Sharma Oli: Sworn in as Nepal's Prime Minister for the Fourth Time Amid Political Turmoil

K P Sharma Oli has been sworn in as Nepal's Prime Minister for the fourth time, leading a new coalition government amid ongoing political instability. Oli succeeds Prachanda, who lost a vote of confidence. Oli, backed by the Nepali Congress and other smaller parties, needs to secure a vote of confidence from Parliament within 30 days.

K P Sharma Oli was sworn in as Nepal's Prime Minister for the fourth time on Monday. Oli heads a new coalition government, which aims to provide political stability in the Himalayan nation.

Appointed by President Ram Chandra Paudel, Oli is backed by the Nepali Congress, the largest party in Parliament. He succeeds Pushpa Kamal Dahal 'Prachanda', who lost a vote of confidence last Friday, prompting the formation of the new government.

Oli, chairman of the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML), was sworn in at a delayed ceremony at Shital Niwas. President Paudel also administered oaths to two Deputy Prime Ministers and 19 other ministers. The new government faces significant challenges, including ensuring political stability and addressing economic concerns.

(With inputs from agencies.)