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KP Sharma Oli Forms Government — Third Time as Prime Minister

केपी शर्मा ओली तेस्रो पटक प्रधानमन्त्री बने

2024November8 November 2024

What happened

KP Sharma Oli became Nepal's Prime Minister for the third time. He formed a coalition with the Nepali Congress party — two parties that disagree on many things — because together they had enough votes in parliament.

Full Verified Record

KP Sharma Oli of CPN-UML was appointed Prime Minister for the third time in November 2024, forming a coalition government with the Nepali Congress after a post-election power-sharing deal. Critics questioned the alliance given the ideological gulf between the two parties, but it secured a comfortable parliamentary majority. Oli's third term began with promises of economic reform, anti-corruption measures, and infrastructure delivery.

नोभेम्बर २०२४ मा केपी शर्मा ओलीलाई तेस्रो पटक प्रधानमन्त्री नियुक्त गरियो। नेकपा-एमाले र नेपाली काँग्रेसबीचको गठबन्धनले संसदमा बहुमत हासिल गर्‍यो।

Why it mattered

The CPN-UML/NC coalition was the latest iteration of Nepal's pattern of unlikely political alliances assembled to claim power. Oli's third term raised expectations for economic reform — expectations that went mostly unmet and contributed directly to the September 2025 youth uprising.

Who was affected

All Nepali citizens via fiscal and policy direction. Coalition formation reshuffled ministry portfolios affecting thousands of civil servants.

Public reaction

Mixed — cautious optimism from some quarters, scepticism from reform advocates who noted that similar promises had been broken in previous terms.

Policy areas affected

Economic reform agendaAnti-corruption promisesInfrastructure delivery
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Sources cited

  • 1.

    The Kathmandu Post: Oli sworn in as PM for third time

    The Kathmandu PostAccessed 2024-11-08

Verification

verified

Editorial status

reviewed

Fact sensitivity

Level 3 of 5

Last updated

28 May 2026