KATHMANDU, July 21: Prime Minister KP Sharma Oli presented a seven-point agreement signed earlier between the Nepali Congress (NC) and the CPN-UML during a parliamentary session on Sunday.
The agreement, which aims to form a new government, was signed by PM Oli and NC President Sher Bahadur Deuba. It seeks a vote of confidence from the House of Representatives. Here are the points mentioned in the agreement:
1.National consensus government: A government will be formed under Article 76(2) of the Constitution, involving other political parties to ensure political stability, control corruption, promote good governance, and boost national development.
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2.Constitutional review and amendments: The new government will assess the Constitution's performance, address its weaknesses, and make necessary amendments for political stability.
3.Economic revival: Efforts will focus on revitalizing the economy by fostering a conducive business environment, stimulating investment, and creating jobs within Nepal.
4.Leadership transition: KP Sharma Oli will lead the government for the first two years, followed by Sher Bahadur Deuba until the general elections in December 2027.
5.Governance framework: The government will operate based on a common program to protect national interests, curb corruption, and ensure good governance.
6.Equal participation: Major political parties will have equal roles in the government, with other parties included as well.
7.Provincial and local development: The government will accelerate development at the provincial and local levels, aligning with public sentiment and the consensus agreement.
