KATHMANDU: In a dramatic and positive development in Nepali politics, major political parties have reached a deal on power sharing and are formalizing the agreement on Thursday.
Prime Minister Baburam Bhattarai will dissolve his cabinet on Thursday and formally request the political parties to form a national consensus government as agreed in the seven-point deal signed on Nov. 1 last year.
The government which is likely to comprise a 11-15 member cabinet will be formed within the next two days, Xinhua news agency quoted local media reports.
The parties have also agreed that the prime minister will resign once the parties reach an agreement on all the contentious issues of the constitution. A government led by the Nepali Congress (NC) will promulgate the constitution.
"A NC-led national unity government will be formed after agreement is reached on the new constitution and before it is promulgated," NC General Secretary Krishna Prasad Sitaula said.
The NC leader played a key role in brokering the deal along with the ruling Unified Communist Party of Nepal (Maoist) (UCPN-M).
Technically, the prime minister is likely to resign after the Constitutional Committee of the Constituent Assembly (CA) prepares the final draft of the constitution and before the full CA endorses it.
Leaders of the three major parties – UCPN-M, NC, and Communist Party Nepal-Unified Marxist Leninist (CPN-UML) – as well as the United Madhesi Democratic Front expressed confidence that a national unity government could be formed within 24 hours.