KATHMANDU, Sept 15: The government has appointed former Finance and Communication and Information Technology Minister Yuba Raj Khatiwada as the Chief Economic Advisor of Prime Minister KP Sharma Oli.
Organizing a press meet on Tuesday, the government spokesperson Pradeep Gyawali said that the cabinet meeting held on Monday decided to appoint former Finance Minister Khatiwada as the CEA to PM Oli.
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After 10 days of stepping down as the Finance Minister, Khatiwada has been appointed as the Chief Economic Advisor of Prime Minister Oli.
According to a cabinet source, the newly appointed Chief Economic Advisor Khatiwada will help Oli oversee the economic and financial affairs of the country.
Khatiwada stepped down as the Finance Minister on September 4 after he could not be nominated as a member of the National Assembly. He resigned a day before his tenure expired as the existing constitutional provision bars a non-parliamentarian to become minister more than six months.