Fin Min Khatiwada resigns, likely to be reappointed tomorrow

KATHMANDU: Finance Minister Yubaraj Khatiwada has resigned today on maturity of his two-year tenure as a National Assembly lawmaker.

Khatiwada, who recently was also conferred the responsibility of Communications and Information Technology Ministry, tendered his resignation to President Bidya Devi Bhandari through the Chief Secretary of the government.

A statement issued by the Office of the President stated that the President has now conferred the responsibilities of Finance Ministry and Ministry of Communication and Information Technology to Prime Minister KP Sharma Oli.

However, the government may reappoint Khatiwada, and it is likely to do so, for six more months. Khatiwada must then be nominated to the Upper House of the Parliament again within these six months for the extension of his ministerial tenure.

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FinMin Khatiwada’s two-year term as NA lawmaker comes to an end