Interim Prime Minister of Nepal assures actions to rectify the factors behind the tragic protests involving the youth generation that resulted in fatalities.
In the heart of Nepal, the Supreme Court is currently holding hearings under the shelter of tents, a direct consequence of the destruction that occurred during the unrest on September 19, 2021. The turmoil left over 2,100 people injured and claimed the lives of at least 72 individuals.
The unrest, which led to the resignation of KP Sharma Oli, was a manifestation of growing frustration over corruption and other failings. The protests resulted in extensive damage to private and public property, including the prime minister's office, the Supreme Court, and the parliament.
Following talks between representatives of the protesters, the president, and the army chief, Sushila Karki was appointed as Nepal's interim prime minister last week. In her address on Nepal's national day, marking the 10th anniversary of the proclamation of the constitution, Karki acknowledged the protests were a result of the failure to fulfill the promise of good governance and prosperity as outlined in the constitution.
Karki has committed to creating employment, raising the quality of life, and increasing transparency in the government's work. She pledged to fight corruption and has vowed to work towards raising living standards.
The unrest has heightened risks to Nepal's economic and fiscal outlook, according to rating firm Fitch. The company cautiously assessed the financial impacts of the unrest, stating that it may pressure Nepal's credit metrics. Losses from the damage caused during the unrest could reach $1 billion to $1.5 billion, according to Kulman Ghising, minister for energy, physical infrastructure, transport, and urban development.
Ghising has appealed to Nepalis at home and abroad to contribute to the reconstruction of public buildings damaged during the unrest. He emphasised the need for collective effort to rebuild and restore the nation's infrastructure.
Police spokesperson Binod Ghimire has stated that officers have received over 30,000 emails containing videos, photographs, and other documents to help investigate the violence. The evidence gathered is expected to shed light on the events that transpired during the unrest.
Rating firm Fitch also made a statement regarding the unrest on Friday, expressing concerns about the potential long-term impacts on Nepal's economy and stability. The company's assessment underscores the gravity of the situation and the urgent need for a swift and effective recovery plan.
As Nepal navigates through this challenging period, the interim government, led by Sushila Karki, is tasked with holding parliamentary elections on 5 March. The elections present an opportunity for the people of Nepal to voice their concerns and choose their representatives, with the hope of ushering in a new era of peace, prosperity, and good governance.
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