AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)

Nepal's Maoist prime minister resigned Wednesday as part of a planned handover to a former political foe who will be the impoverished nation's tenth leader since the end of the civil war in 2006. Pushpa Kamal Dahal, who led the decade-long Maoist insurgency before entering politics, is stepping aside after less than 10 months in office.
He is expected to be succeeded by three-time former prime minister Sher Bahadur Deuba, who heads the largest party in the current coalition government. "I announce my resignation from the post of prime minister today, right now, with a pledge to continue being active for the upliftment of the country and the people as a politician, parliamentarian and a citizen," Dahal said in a televised speech in which he catalogued his government's achievements.
Dahal, who still goes by his nom de guerre Prachanda, or "fierce one", had promised to step down after holding local elections as part of the agreement that brought him to power last August. Local elections were held in three of the country's seven provinces 10 days ago. Deuba's appointment is expected to be confirmed in a parliamentary vote within the next 10 days. Dahal, 62, came to power after withdrawing support from the then-government and realigning his Maoist party with Deuba's centre-right Nepali Congress.
It was an uncomfortable alliance - at the height of the civil war Deuba, then prime minister, had announced a five million rupee ($50,000) bounty for Dahal's capture, dead or alive. As part of the agreement that brough Dahal to power, the Maoist leader promised to hold long-delayed local elections before handing the premiership to Deuba. But Dahal split the local polls - the first in 20 years - into two phases because of the threat of violence from ethnic minority groups in the southern plains bordering India.

Copyright Agence France-Presse, 2017

Comments

Comments are closed.