Kathmandu, Feb. 15 -- Prime Minister KP Sharma Oli has said his administration laid a solid foundation for prosperity in the past year claiming that the government had gained momentum unlike no other government in history.

Addressing the nation on Thursday to highlight the progress made in a year since the Nepal Communist Party (NCP)-led government was formed, Oli said political stability was the basis for prosperity in the country.

The prime minister highlighted progress ranging from governance to foreign policy to economic indicators to institutionalisation of federalism to formation of laws as the major achievements of his government.

Oli took a swipe at his critics and reaffirmed his position on democracy. "I want to make it clear ...