Sushila Karki becomes Nepal interim PM
Analysis based on 9 articles · First reported Sep 12, 2025 · Last updated Sep 12, 2025
The political transition in Nepal, marked by the appointment of Sushila Karki as interim Prime Minister, is expected to bring a degree of stability, potentially calming market anxieties related to the recent unrest. However, the underlying issues of corruption and economic instability in Nepal will continue to be scrutinized by financial market participants.
Nepal is undergoing a significant political transition following widespread anti-corruption protests that led to the resignation of Prime Minister K. P. Sharma Oli. Former Chief Justice Sushila Karki has been appointed as the interim Prime Minister, becoming the first woman to hold the position in Nepal. Her appointment, supported by major political parties and Gen Z protest groups, aims to restore political stability and organize fresh elections. The protests, initially sparked by a social media ban, escalated into violent clashes, resulting in casualties and property damage. Sushila Karki, known for her integrity and stance against corruption during her tenure as Chief Justice, is tasked with rebuilding the country and addressing deep-rooted issues of corruption, poor economic development, and rising unemployment. The Nepal — Nepali Army has been deployed to maintain order, and the Parliament is expected to be dissolved as part of the transitional agreement.
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