Berliner Boersenzeitung - Nepal's Maoist PM loses parliamentary confidence vote

EUR -
AED 4.061239
AFN 70.774285
ALL 90.674324
AMD 400.588378
ANG 1.979985
AOA 1014.065922
ARS 1708.818725
AUD 1.627461
AWG 1.992192
AZN 1.879823
BAM 1.955229
BBD 2.233478
BDT 137.929696
BGN 1.9559
BHD 0.418387
BIF 3352.91121
BMD 1.105852
BND 1.425122
BOB 12.980207
BRL 6.24054
BSD 1.108886
BTN 104.234956
BWP 15.384644
BYN 3.340924
BYR 21674.696468
BZD 2.230279
CAD 1.577039
CDF 2560.046784
CHF 0.924354
CLF 0.027949
CLP 1099.98486
CNY 7.37675
CNH 7.377757
COP 3668.807308
CRC 500.66502
CUC 1.105852
CUP 26.614223
CVE 110.234284
CZK 24.380825
DJF 197.474975
DKK 7.475371
DOP 67.280948
DZD 151.457624
EGP 59.092272
ERN 16.587778
ETB 181.067828
FJD 2.515094
FKP 0.835271
GBP 0.836107
GEL 2.864315
GGP 0.835271
GHS 12.985206
GIP 0.835271
GMD 81.832691
GNF 9825.217834
GTQ 8.473639
GYD 232.002207
HKD 8.675264
HNL 29.819556
HRK 7.534784
HTG 145.301483
HUF 365.491779
IDR 20145.248052
ILS 3.540329
IMP 0.835271
INR 104.187335
IQD 1681.139161
IRR 2116047.535497
ISK 136.616819
JEP 0.835271
JMD 175.668668
JOD 0.784015
JPY 176.996042
KES 143.716444
KGS 96.705527
KHR 4569.78864
KMF 493.210208
KPW 995.266721
KRW 1476.417309
KWD 0.34434
KYD 0.924147
KZT 492.534985
LAK 24954.70802
LBP 99304.282436
LKR 368.772242
LRD 188.517471
LSL 18.550659
LTL 3.265293
LVL 0.668919
LYD 7.151007
MAD 10.922908
MDL 20.227089
MGA 5061.52098
MKD 61.54566
MMK 2322.178184
MNT 3985.580384
MOP 8.959244
MRU 44.869968
MUR 52.660715
MVR 17.041092
MWK 1920.864311
MXN 20.579351
MYR 4.518954
MZN 70.674713
NAD 18.53394
NGN 1486.587678
NIO 40.808444
NOK 10.583743
NPR 166.774775
NZD 1.995747
OMR 0.425205
PAB 1.108976
PEN 3.780995
PGK 5.058613
PHP 70.551412
PKR 306.648568
PLN 4.405067
PYG 6874.084575
QAR 4.042474
RON 5.346681
RSD 117.602261
RUB 91.561274
RWF 1638.121327
SAR 4.174609
SBD 8.954413
SCR 15.490166
SDG 665.172606
SEK 11.089316
SGD 1.423286
SHP 0.828633
SLE 25.323544
SLL 23189.184907
SOS 633.101178
SRD 41.473866
STD 22888.900808
STN 24.493286
SVC 9.70334
SYP 14378.286141
SZL 18.534317
THB 37.444695
TJS 10.229949
TMT 3.88154
TND 3.33797
TOP 2.662625
TRY 55.680198
TTD 7.532935
TWD 36.35543
TZS 2940.298651
UAH 50.390575
UGX 4563.666457
USD 1.105852
UYU 44.947069
UZS 13274.121188
VES 995.809091
VND 28391.087743
VUV 133.070168
WST 3.0907
XAF 655.957
XAG 0.022146
XAU 0.000283734004
XCD 2.98862
XCG 1.998552
XDR 0.781895
XOF 655.957
XPF 119.331742
YER 261.535134
ZAR 18.548679
ZMK 9953.992832
ZMW 22.649689
ZWL 356.083848
SSP 6575.959858
MXV 2.311087
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Nepal's Maoist PM loses parliamentary confidence vote
Nepal's Maoist PM loses parliamentary confidence vote / Photo: PRAKASH MATHEMA - AFP

Nepal's Maoist PM loses parliamentary confidence vote

Nepali Prime Minister and former Maoist guerrilla commander Pushpa Kamal Dahal lost a parliamentary vote of confidence on Friday barely 18 months after taking office, throwing open the Himalayan republic's revolving door leadership.

Text size:

Better known by his nom de guerre Prachanda ("The Fierce One"), Dahal led thousands of insurgents during Nepal's decade-long civil war but switched to parliamentary politics at the conflict's end.

The 69-year-old was elected prime minister for a third time in December 2022 but will be forced to stand down again after coalition allies withdrew their support.

"Someone like Prachanda, who opens the doors of peace with the power of a revolution, may not be born again," Dahal said, referring to himself in the third person during a speech urging lawmakers to keep him in office.

He was able to win the support of only 63 MPs among the 258 present to vote on the future of his government.

Dahal will remain in office under a caretaker government until a parliamentary vote to elect his replacement, expected as early as Sunday.

His brief tenure was nonetheless one of the longest continuous premierships since Nepal's monarchy was abolished in 2008 at the end of the civil war.

Only three other prime ministers had served in office longer than him over that period, and of those only one lasted more than two years.

Dahal himself had served as premier on two earlier occasions for less than a year at a time.

His Communist Party of Nepal (Maoist Centre) was the third-largest party in parliament after the 2022 poll but he managed to remain in power through deft negotiating.

Three-time premier K.P. Sharma Oli, head of the larger Communist Party of Nepal - Unified Marxist Leninist (CPN-UML) is expected to form the next government with the backing of the centre-left Nepali Congress.

Oli, 72, is then expected to yield the post to Congress leader and five-time prime minister Sher Bahadur Deuba, 78, later in the parliamentary term under a deal negotiated between the two parties.

- 'Breaking promises' -

Political journalist Kunda Dixit told AFP that the alliance between Deuba and Oli may prove more stable because they represented the largest two parties in parliament and were "not so ideologically opposed" to each other.

"But we have seen leaders breaking promises and back-stabbing each other in the past, so anything is possible," he added.

Dahal's Maoists have played a key role in Nepal's politics for more than 20 years, after waging a decade-long insurgency against government forces that claimed more than 16,000 lives.

The civil war ended in a 2006 peace deal that abolished Nepal's monarchy and saw the Maoists brought into government, with Dahal the first post-war premier.

Since then, a revolving door of ageing prime ministers and a culture of horse-trading have fuelled public perceptions that the government is out of touch with Nepal's pressing problems.

The Himalayan nation of 30 million people is sandwiched between powerful neighbours India and China -- with both New Delhi and Beijing jostling for influence.

Its economy has struggled since the coronavirus pandemic, which devastated the vital tourism industry and dried up remittances from the huge number of Nepalis working abroad.

Nepal's next general elections are due in 2027.

(P.Werner--BBZ)