Dr. Ram Sharan Mahat was the Finance Minister of Nepal under the organization drove by Sushil Koirala.

He addressed Nepali Congress in the Nepalese Constituent Assembly race, 2008 and was looked over Nuwakot-2 with 17,444 votes, vanquishing his closest adversary Hit Bahadur Tamang of Unified Communist Party of Nepal (Maoist).
He is comprehensively perceived as one of the key organizers of the money related changes in the Post-1990 period which got basic redesigns Nepal's economy with higher advancement, progress in human change pointers and abatement in dejection level. His residency in like manner saw various changes in individuals as a rule use organization, reserve and keeping cash, and wage changes including the presentation of the Value Added Tax. He was the main maker of Nepal's Eighth Plan which accomplished clearing approach changes in the economy, with more noticeable part to the private portion in money related activities.
In the midst of his time as Finance Minister, Nepal was picked chief of the IMF/World Bank Board of Governors for 1998/99. He in like manner served as Minister of Foreign Affairs for around a year in 1999-2000.