K P Sharma Oli was appointed Nepal’s Prime Minister for the third time on July 14 to lead the new coalition government, which faces the daunting challenge of providing political stability in the country. The 72-year-old Oli succeeded Pushpa Kamal Dahal, aka ‘Prachanda’, who lost the trust on July 12, leading to the formation of the new government. President Ram Chandra Paudel appointed K P Sharma Oli as the new PM of the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML)-Nepali Congress (NC) coalition.


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