•      Fri Nov 22 2024
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Finance Minister Sharma sworn in



KATHMANDU: President Bidya Devi Bhandari on Sunday administered the oath of office and secrecy to newly-appointed Minister for Finance Janardan Sharma amid a special function at the Office of the President.

Minister Sharma took oath as per Article 80 of the Constitution of Nepal.

Present on the occasion were Vice President Nanda Bahadur Pun, Prime Minister Sher Bahadur Deuba, Speaker Agni Prasad Sapkota and other high-ranking officials of the government.

Meanwhile, the Finance Minister Sharma took charge of the Finance Ministry.

Finance Minister Janardan Sharma

Earlier, President Bhandari has, on the recommendation of Prime Minister Sher Bahadur Deuba, appointed Janardan Sharma as the Finance Minister.

According to the Office of the President, Sharma was appointed the member in the existing Council of Ministers that was formed on July 13, 2021 under the leadership of PM Deuba, in accordance with the Article 76 of the Constitution.

Following reports about ‘altering’ tax rates through the involvement of ‘unauthorised’ persons in budget making, Sharma resigned as Finance Minister on July 6.

The parliamentary committee formed to probe the case however submitted the report to the Parliament reporting no evidences found that supported involvement of unauthorised persons in the budget preparation.