Nepal's Political Turmoil: New Power-Sharing Deal to Stabilize Government

In a significant political development, Nepal's Nepali Congress and CPN-UML have agreed to form a new coalition government. They plan to share the Prime Minister's position, aiming to bring stability to the nation's fragile political landscape. The agreement involves constitutional amendments and a rotational premiership.

In a dramatic shift, Nepal's two primary political parties—Nepali Congress and CPN-UML—have struck a midnight deal to establish a 'national consensus government.' This agreement aims to stabilize the tumultuous political scenario, replacing the coalition led by Prime Minister Pushpa Kamal Dahal, better known as “Prachanda.”

The deal, finalized by Nepali Congress President Sher Bahadur Deuba and former Prime Minister K P Sharma Oli of CPN-UML, will see both parties share the Prime Minister's position on a rotational basis for the remaining term of Parliament, according to former foreign minister Narayan Prakash Saud.

The newly formed alliance promises significant constitutional amendments along with a strategic power-sharing formula, intending to bring much-needed political stability to Nepal, which has seen 13 governments in the last 16 years.