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Prime Minister Resigns Amid $586M Anti-Graft Protests in Nepal

12/12/2025

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Story summary
  • In Nepal, anti-graft protests led to Prime Minister K. P. Sharma Oli's resignation, with losses exceeding $586 million.
  • Interim Prime Minister Sushila Karki reported rebuilding costs may exceed $252 million, with less than $1 million raised.
  • Senior engineer Chakrabarti Kantha confirmed that repairs on partially damaged buildings are complete.
  • Kantha added that reconstruction of severely damaged structures will begin after detailed assessments.
  • New parliamentary elections are set for March 5, 2026.