Nepal prime minister resigns, paving way for new government

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As per reports, a standing committee meeting of the UML on Wednesday chose to field the party's Chairman K P Sharma Oli as the new prime minister on behalf of the left alliance comprising the UML and the Maoist Center.

The long delay has dampened the optimism that accompanied the polls, when many voters cast their ballots hoping a new government would bring much-needed stability and development.

Oli was appointed as the 41st Prime Minister of Nepal on Thursday.

A Standing Committee (SC) of the party held in Lalitpur named Oli as the prime ministerial candidate as he is also the UML's Parliamentary Party leader, Surendra Pandey was quoted as saying by The Kathmandu Post.

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Anderson also said that he would "treat all candidates equally to ensure their path to the party nomination is honest and fair". Romney teased in a tweet on February 1 that he will announce his campaign to run for the U.S.

The then PM Prachanda of the CPN (Maoist Centre) had proposed Deuba's candidacy while senior NC leader Ram Chandra Poudel seconded the proposal at the Parliament Secretariat. He served as the prime minister of Nepal from 1995 to 1997, 2001 to 2002, and from 2004 to 2005.

The historic elections in December were the first under the country's new post-war constitution, which set out a sweeping overhaul of the political system, devolving significant power from the centre to the seven provinces.

In January, 16 ministers belonging to Nepal's CPN (MC) resigned from the cabinet following a decision by the ruling party. Prime Minister Sher Bahadur Deuba, after the conclusion of the meeting will address the nation. The CPN-UML picked party chairman Khadga Prasad Sharma Oli as the next premier, who now requires support from the Maoists to secure a majority.