Finance Minister Dr. Yuba Raj Khatiwada, who is also the spokesperson of the Nepal government has resigned from the post.

Finance Minister Yuba Raj Khatiwada Announces Resignation

He handed over his resignation to Prime Minister KP Sharma Oli. Earlier, he had attended a farewell function at the Ministry of Finance. In a cabinet meeting on Friday afternoon, Khatiwada thanked for giving him the responsibility of the finance ministry.

Minister Khatiwada’s tenure was till September 6. He resigned as a person who is not a member of the federal parliament cannot be a minister for more than six months.

As the road to parliament is being paved for the time being, his ministerial post is also coming to an end on Saturday. Prime Minister KP Oli has thanked Finance Minister Khatiwada for working in the government so far. Khatiwada, a non-parliamentarian, has been a minister for six months.

Khatiwada, who became finance minister in March 2074, was elected a member of the National Assembly. However, he was sworn in for the second time in February due to the provision that the post of a National Assembly member would be extended for six months and he could become a minister again.

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