Berliner Boersenzeitung - After protests oust PM, Nepal stares into political void

EUR -
AED 4.311612
AFN 77.565377
ALL 96.656855
AMD 447.600202
ANG 2.10198
AOA 1076.581534
ARS 1691.478308
AUD 1.765918
AWG 2.113247
AZN 2.01835
BAM 1.954927
BBD 2.360846
BDT 143.246058
BGN 1.954927
BHD 0.440503
BIF 3464.553505
BMD 1.174026
BND 1.513824
BOB 8.099385
BRL 6.362867
BSD 1.172177
BTN 106.003682
BWP 15.531067
BYN 3.455558
BYR 23010.908476
BZD 2.357448
CAD 1.616643
CDF 2629.818358
CHF 0.934639
CLF 0.027241
CLP 1068.656894
CNY 8.282164
CNH 8.28179
COP 4464.207284
CRC 586.338272
CUC 1.174026
CUP 31.111687
CVE 110.215802
CZK 24.26806
DJF 208.736825
DKK 7.469934
DOP 74.516737
DZD 151.543355
EGP 55.577962
ERN 17.610389
ETB 183.151046
FJD 2.667147
FKP 0.877594
GBP 0.877448
GEL 3.180196
GGP 0.877594
GHS 13.455994
GIP 0.877594
GMD 85.703785
GNF 10194.449439
GTQ 8.977992
GYD 245.230535
HKD 9.139264
HNL 30.860225
HRK 7.534546
HTG 153.641418
HUF 384.603841
IDR 19528.454024
ILS 3.783645
IMP 0.877594
INR 106.348557
IQD 1535.514583
IRR 49452.902642
ISK 148.402175
JEP 0.877594
JMD 187.676226
JOD 0.832394
JPY 183.001239
KES 151.152529
KGS 102.668504
KHR 4692.905198
KMF 492.51368
KPW 1056.619069
KRW 1731.582749
KWD 0.360073
KYD 0.976864
KZT 611.327118
LAK 25411.656839
LBP 104967.345065
LKR 362.198323
LRD 206.88765
LSL 19.776072
LTL 3.466593
LVL 0.710156
LYD 6.367158
MAD 10.783786
MDL 19.815155
MGA 5192.68211
MKD 61.522538
MMK 2465.245374
MNT 4163.064053
MOP 9.399304
MRU 46.91006
MUR 53.910734
MVR 18.074307
MWK 2032.592699
MXN 21.156206
MYR 4.810333
MZN 75.032113
NAD 19.776072
NGN 1705.354848
NIO 43.140743
NOK 11.89627
NPR 169.606292
NZD 2.024882
OMR 0.449269
PAB 1.172177
PEN 3.946438
PGK 5.052745
PHP 69.402543
PKR 328.499066
PLN 4.223365
PYG 7873.485463
QAR 4.271993
RON 5.090456
RSD 117.327628
RUB 93.59064
RWF 1706.038465
SAR 4.405178
SBD 9.599718
SCR 17.642061
SDG 706.203215
SEK 10.890253
SGD 1.516524
SHP 0.880824
SLE 28.323378
SLL 24618.741306
SOS 668.701507
SRD 45.256347
STD 24299.966664
STN 24.489069
SVC 10.256422
SYP 12980.992867
SZL 19.769176
THB 37.093387
TJS 10.772192
TMT 4.120831
TND 3.42667
TOP 2.826773
TRY 50.124839
TTD 7.954449
TWD 36.788219
TZS 2901.105015
UAH 49.527192
UGX 4166.140334
USD 1.174026
UYU 45.999467
UZS 14121.696409
VES 313.981204
VND 30883.926447
VUV 141.687325
WST 3.258488
XAF 655.664327
XAG 0.01895
XAU 0.000273
XCD 3.172863
XCG 2.112557
XDR 0.815436
XOF 655.664327
XPF 119.331742
YER 280.008712
ZAR 19.813126
ZMK 10567.643175
ZMW 27.047926
ZWL 378.035875
  • RBGPF

    0.0000

    81.17

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • GSK

    -0.0700

    48.81

    -0.14%

  • NGG

    0.2400

    74.93

    +0.32%

  • AZN

    -0.4600

    89.83

    -0.51%

  • BP

    -0.2700

    35.26

    -0.77%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • RELX

    0.1000

    40.38

    +0.25%

  • RIO

    -1.0800

    75.66

    -1.43%

  • BTI

    -1.2700

    57.1

    -2.22%

  • BCE

    0.3100

    23.71

    +1.31%

  • BCC

    0.2500

    76.51

    +0.33%

  • JRI

    -0.0200

    13.7

    -0.15%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • VOD

    0.0500

    12.59

    +0.4%

After protests oust PM, Nepal stares into political void
After protests oust PM, Nepal stares into political void / Photo: PRABIN RANABHAT - AFP

After protests oust PM, Nepal stares into political void

Shaken by deadly protests that ousted its veteran prime minister and set parliament ablaze, Nepal faces the pressing question of who will step into the political void.

Text size:

In the short term, the army has taken charge of the nation of 30 million people since the protests escalated on Tuesday.

Nepali Army chief, General Ashok Raj Sigdel met Wednesday with key figures and "representatives of Gen Z", an army spokesman said, referring to the loose umbrella title of the young protesters, without giving further details.

But analysts warn that finding a "transitional arrangement" that carries legitimacy with ordinary Nepalis, especially disaffected youth, may prove a thorny task.

Here are the possible power brokers.

- President and parliament -

Sushila Karki, 73, a former Supreme Court chief justice who many see as a potential interim leader, said talks between parties were critical.

"Experts need to come together to figure out the way forward", Karki told AFP. "The parliament still stands."

Constitutionally, President Ramchandra Paudel, 80, holder of the largely cermonial post, should invite the leader of the largest parliamentary party to form a government.

But much of the political old guard has vanished from view.

"The anger... goes much beyond the prime minister, targeting the entire political class", Crisis Group analyst Ashish Pradhan said.

The Himalayan nation became a federal republic in 2008 after a decade-long civil war ended with a peace deal that integrated former Maoist rebels into government.

It last held general elections in 2022.

- Gen Z -

Nepali youth, bowed down by unemployment and limited opportunities, hit a breaking point this week, furious at ruling class they see as out of touch and corrupt.

The protests were sparked not by a single party but in response to the government's short-lived social media ban, which galvanised thousands of young demonstrators.

Karki, the former chief minister, commands respect.

Others with traction among the young are Balendra Shah, 35, a rapper-turned-engineer who won Kathmandu’s mayoral race in 2022.

Also key is Sudan Gurung, in his 30s, a leader of youth rights group Hami Nepal.

The young protesters insist they were nothing to do with the extreme violence on Tuesday, when government buildings and tower blocks were torched.

"The important thing right now is for Gen Z, and this whole movement, to come together and decide on a way forward," journalist Pranaya Rana told AFP.

He warned that they should "not allow their movement to be hijacked by opportunists waiting in the shadows".

- Old guard -

Communist party veteran KP Sharma Oli, 73, a four-time prime minister, resigned Tuesday in the face of protests. His whereabouts are unknown.

His former coalition ally, 79-year-old Sher Bahadur Deuba of the Nepali Congress –- a five-time prime minister -- has not been seen since unrest erupted.

Oli had struck a deal with Deuba to share power during the current parliamentary term, but both men have now been swept aside by public fury.

- Ex-king -

Nepal's monarchy ended in 2008 when Gyanendra Shah was forced from power, ending 240 years of royal rule.

Some public support for the deposed king has since grown -- in tandem with dissatisfaction with ruling politicians.

But despite the extraordinary speed of political events this month, his return remains unlikely.

"The restoration of the monarchy -- even in a ceremonial role -- would pose major risks of a return to autocratic rule", the Crisis Group said.

(P.Werner--BBZ)