KATHMANDU: The ruling CPN-UML has evaluated the five-month tenure of the KP Sharma Oli-led government as comparatively successful.
During the secretariat meeting held at the party office in Chyasal on Wednesday, the party concluded that the government has gradually been gaining momentum.
Deputy General Secretary Pradeep Gyawali stated that the party is satisfied with the progress achieved so far but also stressed the need for further acceleration in development efforts.
The UML highlighted several areas of progress, particularly in economic improvements.
The party noted that the country’s economy has shown signs of recovery, with a rise in the stock market and improvements in revenue collection.
In the past four months, revenue has increased by 17%.
Measures have also been implemented to simplify processes such as company registration and tax filing.
Public spending management has been prioritized, with further reforms planned to strengthen this area.
In infrastructure and tourism, the party pointed that Gautam Buddha International Airport in Bhairahawa has become operational, with international flights connecting Nepal to Gulf countries.
The party also highlighted the energy sector’s progress, such as the agreement with Bangladesh to export electricity.
Additionally, UML celebrated the signing of the Belt and Road Initiative (BRI) framework agreement with China as a significant achievement in infrastructure and foreign cooperation.
On the legislative front, UML listed the passage of the Transitional Justice (TRC) Bill as a major accomplishment, although the commissions required for truth-seeking and reconciliation are yet to be formed.
The party also discussed Nepal’s foreign relations, acknowledging challenges in improving ties with India but emphasizing the successful signing of the BRI framework agreement as a milestone in international cooperation.
UML further noted progress in addressing cooperative fraud issues. Following the recommendations of a parliamentary committee, the government has initiated investigations and taken actions that have resulted in the return of deposits to around 10,000 depositors.
The introduction of a new ordinance on cooperative management was also presented as an essential step toward stronger legal and regulatory frameworks.
Looking ahead, UML has committed to working with the Nepali Congress to strengthen governance through a two-party political mechanism.
Plans are also in motion to form a working group to propose constitutional amendments. Moreover, efforts are underway to establish governance improvement centers at the federal and provincial levels.
The party stressed the importance of sustaining the progress made while addressing areas that require further reforms, particularly in economic growth and governance.
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