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Nepal PM Resigns Amid Protests, Home Ablaze

by Priya Shah – Business Editor

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Nepal Prime Minister K.P. ⁣Sharma Oli Resigns Amid Protests

Kathmandu, Nepal – Prime Minister K.P. Sharma Oli resigned on July 12, 2021, amidst escalating protests and a period of ⁢intense political turmoil. The ⁤resignation followed a fire deliberately set at his ​private residence in Bhaktapur, a ​suburb of ​Kathmandu.

The ⁣protests stemmed ⁣from a combination of factors, including the ​government’s handling of the COVID-19 pandemic, economic ‌hardship, and internal divisions within the ruling Nepal Communist Party (NCP).​ The situation​ has⁢ become untenable, ⁣ a ⁣senior NCP official stated, requesting anonymity.

Political‌ Crisis and protests

The NCP, formed in 2018 through a merger of the Communist ‍Party of Nepal (Unified Marxist-Leninist) and the Communist ⁢Party of Nepal (Maoist Center), fractured earlier in 2021. ⁤This split weakened Oli’s position and fueled the protests.Demonstrators demanded his ⁤resignation and accused his government of corruption and⁤ incompetence.

The fire at⁣ Oli’s⁤ residence, while not​ causing‌ serious injuries, was ⁣a significant escalation of⁤ the unrest. Police attributed the arson to protesters, though no group promptly claimed responsibility.⁣

Timeline of Events

Date Event
2018 NCP formed through merger.
Early 2021 NCP‍ fractures.
July 12, ​2021 oli resigns.
July 12, 2021 Fire ‍set at Oli’s residence.

Did ​You know?

Nepal has experienced significant⁣ political instability since the abolition of the monarchy in 2008.

Succession and Future Outlook

Following Oli’s resignation, Sher Bahadur Deuba of ⁢the Nepali Congress was appointed as the new Prime Minister.Deuba​ secured a ⁣vote of confidence in Parliament on July 18, 2021, paving the way for a new coalition government.

The new government faces ⁣significant challenges, including navigating the ongoing⁣ COVID-19 pandemic,‍ reviving the economy,​ and addressing the ⁢deep political⁣ divisions within the‌ country.

world/asia-pacific/nepal-prime-minister-oli-loses-vote-confidence-2021-07-18/">

Deuba’s appointment marks a new chapter for ​Nepal, but the road ahead will be fraught ⁢with ​challenges.

Pro ⁢Tip: Stay informed about Nepal’s political landscape‌ by following reputable​ internationalnews sources and official government announcements.

The political instability in ⁣Nepal highlights the fragility of its democratic ‌institutions and the ⁣ongoing​ struggle⁢ to achieve lasting peace and prosperity. The​ events surrounding Oli’s resignation serve ⁣as ‌a reminder of the complex challenges facing‌ the nation.

What impact will ⁣the ⁢new coalition government​ have on Nepal’s ‍economic recovery?

How will the fractured NCP influence the future political landscape ‌of Nepal?

Nepal’s Political Context

Nepal’s transition to a republic following the end of the monarchy in 2008 has been ⁤marked by political instability and frequent ⁤changes ​in government. The country has struggled to establish a​ stable democratic ⁤system, with internal divisions within political parties and a complex interplay of regional and ethnic interests.The 2015 earthquake and the subsequent​ economic challenges further ‍exacerbated⁤ the political tensions.⁤ The ongoing geopolitical dynamics in the region, notably the ‌influence ⁤of India and China, also play a significant role in Nepal’s political ⁢landscape.

Frequently Asked Questions about Nepal’s ‍Political Crisis

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