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Nepal soon advance to developing nation : PM Oli

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KATHMANDU – Prime Minister KP Sharma Oli has said that Nepal would soon advance to the status of a developing nation from the least developed country.

Addressing an international seminar on Monday at the Soaltee Crown Plaza of the Capital, PM Oli said the country required a long term strategic development of existing plans and policies.

PM Oli was addressing a program entitled ‘Imagining Nepal 2030’ jointly organised by the National Planning Commission (NPC) and the Asian Development Bank.

“To achieve this goal, we have to double our annual investment, build essential infrastructure including strategic road and railway networks, communication, and electricity,” Oli said. He also stressed on usage of those components to accomplish the Sustainable Development Goals by 2030.

The seminar would be an appropriate moment as all the attention and efforts were being geared towards economic development and prosperity after promulgation of the new Constitution, PM Oli hoped.

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President summons the first Federal Parliament meeting for March 5

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KATHMANDU — President Bidhya Devi Bhandari has called for the first ever Federal Parliamentary meeting on March 5, 2018 at the International Conference Center, New Baneshwor.

President Bhandari has summoned the meeting as per Article 93 (1) of the constitution, a press release issued by the Office of the President said.

275 members, directly elected and those elected on basis of proportional representation system, constitute the Federal Parliament. House of Representatives and National Assembly jointly is called the federal parliamentary.

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The first federal parliament is being held after over two months since the House of Representative elections were held.

The election for the President is scheduled for March 9.

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