Nepal Prime Minister Prachanda resigns

Nepal’s  Prime Minister Pushpa Kamal Dahal “ Prachanda” has  resigned after a brief stint of nine months, honouring a power sharing understanding reached between his party and the ruling partner Nepali Congress. Prachanda, 62, announced his resignation while addressing the nation in a live telecast. It was his second stint as the Prime Minister. He was elected as the 39th prime minister of Nepal after forging alliance with the Nepali Congress on August 3, 2016.

Prachanda, the Chairman of CPN (Maoist Centre), had reached an understanding with Nepali Congress President Sher Bahadur Deuba that he would step down as Prime Minister and hand over the leadership to him after nine months.The pact was to run the government on a rotational basis until elections to the parliament are held in February 2018.
Prachanda was to hold office till local polls are held and remaining two elections – provincial and central – were to be conducted under Deuba.