KATHMANDU: The Nepali government on Thursday set a general election date for November, as the landlocked Himalayan country faces growing economic pressure from falling tourism income and lower overseas remittances.
Those issues have reduced the cash available to pay for imports, with the country’s trade deficit widening and foreign exchange reserves dwindling, as inflation rises. The situation has parallels with Sri Lanka, and concerns are mounting that Nepal could eventually find itself in a similar plight to the South Asian island nation whose president fled abroad and resigned last month.
Elections were due before the current parliament’s term ends in December, and the cabinet set November 20 as the date for the polls, Physical Infrastructure and Transport Minister Mohammad Ishtiaq Rai told AFP.
The election will pit the centrist Nepali Congress, led by incumbent five-time prime minister Sher Bahadur Deuba, against the Communist Party of Nepal (Unified Marxist-Leninist), better known as the CPN-UML.
Its leader, KP Sharma Oli, is seen as closer to Beijing. He became prime minister in 2018, uniting with the Maoist party of former rebels, but the party split and the Maoists switched their support to Deuba.
Prime Minister Anthony Albanese singled Guerot out for praise on Tuesday
The bill passed a vote in Britain’s parliament with 383 in favour and 67 against
The Supreme Court has previously refused to accept two formal apologies from Ramdev and his firm’s co-founder...
There will now be a further court hearing in London on May 20
Sunak has invested huge political capital in the Rwanda scheme before an election later this year he is predicted to...
The proportion of Joe Biden’s income that went to federal taxes was roughly equal to the prior year
