Monarchy is the form a state with the King as head of state and it passes on along with the royal family. Currently there are about 43 countries with this monarchy in Absolute Monarchy form with significant power and Constitutional Monarchy with king as head of state only and limited powers. Qatar, Saudi Arabia and UAE have absolute monarchy where as British Monarch is constitutional monarchy heading most of Common wealth countries also Japan, Bhutan, Spain and other 20 countries have Constitutional Monarch.
Nepal was under Monarchy about 240 years with Sha Dynasty ruling the country but the 2062/63 peoples movement ended the Sha Regime making country Federal Democratic Republic. Currently Nepal has Parliamentary System which elects the Prime Minister as head of Government and President as the State head. The President has very limited power and is the state head. Also, there is vice president to act as state head in absence of the President.
Currently, the economy of Nepal is under very stress with increasing regular expenses which cannot be fulfilled by the revenue collection of the country. So, to cover the regular expenses also and for development budget, the government is forced to take debt and the liability of debt and interest is increasing day by day as there is no such increment if revenue collection. So, to cut off the regular expenses systematically is the foremost step to progress the economic stability.
Current state head, President and the Vice-President though are only two persons but organizational structure of the two persons is very heavy. The President office is lead by a Secretary, 5 Joint secretary and numerous Under secretary and officers. Similarly, the President has huge number of advisors including personal, legal, political etc. As the President has very limited power the organizational structure of the President office is too heavy.
Similarly, the Vice-President who is a state head just in absence of President and has no any other role also has huge organizational structure. The Office of Vice president is also lead by secretary, a Joint secretary, two Under Secretary, three officers and other staffs. Also there is team of advisors and personal staffs. The institution which has no any role by constitution, the running cost is too over loaded.
Similarly, the government is providing allowances, security, vehicle, diesel, house rent and many more to the past president and vice presidents. So, these structure are really stressing the regular expenses of the country.
SO,
In the current form of the state, why cannot King be the head of state replacing all the President and Vice President structure. The King can only represent as head of state and limited power exactly as that of the current president. The King has been ruling the country since long and has huge respect along with the royal family. The King does not need any salaries and allowances like these current political presidents and vice president who are just taking the post for the facilities. The long respected royal family and King can only be given the security protocol and kept as the state head body. This can be a very suitable solution to drastically minimize the running cost and the number of VVIPS in the country.