Overview

• Oli, 72, leads a coalition between his Communist Party and the Nepali Congress.
• The new government is the 14th since Nepal became a federal republic in 2008.
• Oli has promised to hand over the prime minister role to Sher Bahadur Deuba later in the term.
• Nepal's political instability has hindered economic development and foreign investment.
• Oli's previous terms saw efforts to reduce dependency on India by strengthening ties with China.