Fourth premiership of K. P. Sharma Oli

Khadga Prasad Sharma Oli was appointed as Prime Minister of Nepal on 14 July 2024. He officially took oath the following day on 15 July 2024. Oli's fourth and current tenure comes after previous Prime Minister Pushpa Kamal Dahal, who was in coalition with Oli, failed to secure the necessary votes in his fourth vote of confidence. He resigned on 9 September 2025^[1] after protests erupted in Nepal following a ban on social media^[2] that turned violent.

In the 2022 general election, Oli led CPN (UML), with 78 seats, became the second-largest party in the House of Representatives.^[3] Oli was reelected from Jhapa 5 with a majority of over 29,000 votes.^[4] After power-sharing talks broke down inside the Nepali Congress led ruling alliance, Oli and Dahal brokered a deal, backing Dahal's bid as prime minister.^[5] The UML withdrew from the coalition government ahead of the presidential election in March 2023 after Dahal decided to back Nepali Congress candidate instead. Oli later joined hands with Dahal again in March 2024.^[6][7]

Following disagreements with the prime minister and other coalition partners about the annual budget and citing the need for a stable government of national consensus, Oli and Nepali Congress' Deuba agreed on 1 July 2024 to form a rotational government with the two party chairs serving equal time as prime minister.^[8][9] CPN (UML) withdrew its support from the Dahal government, and following a failed a motion of confidence for Dahal in the House on 12 July, Oli was appointed prime minister for a fourth stint on 14 July as part of a coalition with the Nepali Congress, and sworn in the following day.^[10][11][12]

Oli's government is a coalition that includes the CPN (UML), Nepali Congress, PSP, LSP and NUP.

Bishnu Rimal is the political advisor while Yuba Raj Khatiwada is the economic advisor.^[44]

Oli's first visit as the new prime minister was to New York, USA to attend the Seventy-ninth session of the United Nations General Assembly. In the sidelines, he also met Indian Prime Minister Narendra Modi of India and discussed about energy, technology and trade. Oli discussed about trade, labour and investment with Sabah Al-Khalid Al-Sabah, Crown Prince of Kuwait. Oli also met Prime Minister of Bhutan, Tshering Tobgay.^[47]

Oli chaired an inter-ministerial meeting including Deepak Khadka on October 8 2024, to formulate a "28,500 MW by 2035" energy strategy, from which 15000 MW would be exported and 13500 MW would be consumed domestically.^[48] The government planned to increase energy production, diversify energy trade, build a dedicated transmission line to export energy to Bangladesh via India. In the previous week, a newly tripartite agreement was signed with India and Bangladesh to send 40 MW to Bangladesh (via India). According to Khadka, the government would work towards mobilizing investment and advancing construction for various projects in Upper Karnali, Bheri and Jagadulla.^[49] He also amended the upcoming budget to introduce a "take-and-pay" mechanism in electricity purchasing. Kulman Ghising, Director of Nepal Electricity Authority, was removed from his Position by Oli's government on March 24 2025.^[50] NEA had previously cut off power to several industrial firms due to unpaid electricity bill. The decision was reversed by government. The ministry had also asked clarification from Kulman on multiple occasions. Purna Bahadur Tamang, the minister of state for Energy, was sacked by the government on April 23 2025 due to coordination issues with Deepak Khadka and Tamang's support for Ghising.^[51] Kham Bahadur Garbuja was appointed in his place on April 30 2025 and took oath on May 4 2025. ^[52][53]

Oli, in a meeting, had directed Agriculture Ministry to ensure timely chemical fertilizer supplies for planting seasons and directed the ministry to plan for domestic fertilizer industry development, increased use of organic manure and reliable supply systems.^[54][55]