K P Sharma Oli is ready to become Nepal’s Prime Minister for the third time on Friday. Nepal President Bidya Devi Bhandari reappointed CPN-UML Chairman Oli, 69, as Prime Minister on Thursday night, 3 days after he lost an important trust vote in the House of Representatives. He previously served as prime minister from October 11, 2015, to August 3, 2016, and again from February 15, 2018, to May 13, 2021. President Bhandari will administer the oath of office and secrecy to Oli at a ceremony at Shital Niwas on Friday at 2:30 pm. The president had asked the Opposition parties to come up with the support of majority lawmakers to make a new government by 9 pm on Thursday after Oli lost the vote of confidence in the House on Monday.

K P Sharma Oli will now have to take a vote of confidence at the House within 30 days, failing that, an effort to form a government under Article 76 (5) of the Constitution would be initiated. The CPN-UML, headed by Oli, is the largest party with 121 seats in the 271-member House of Representatives. If the parties fail to form a new government in line with Article 76 (5) or the Prime Minister elected under this provision fail to secure the vote of confidence again, the sitting Prime Minister can suggest the President dissolve the parliament and announce the date to hold general elections within the next six months.