Nepal's Prime Minister Resigns Amid Deadly Anti-Corruption Protests

Nepal's Prime Minister K.P. Sharma Oli resigned on Tuesday amid escalating anti-corruption protests that have resulted in at least 22 deaths. The demonstrations, primarily led by young activists, were initially sparked by the government's ban on major social media platforms, a move perceived as an attempt to stifle free speech. Although the ban was lifted on Monday, public outrage had already intensified, leading to widespread unrest.

Protesters have targeted symbols of political privilege, including the residences of prominent leaders. On Tuesday, crowds set fire to the parliament building in Kathmandu, sending thick black smoke into the sky. Government buildings and the homes of political figures were attacked nationwide. In the chaos, approximately 900 inmates escaped from two prisons in Nepal's western districts.

The protests have been largely spontaneous, with no clear leadership, and have highlighted deep-seated frustrations over corruption, nepotism, and economic hardship. The youth unemployment rate stood at over 22% in 2022–23, contributing to the discontent.

In his resignation letter to President Ramchandra Paudel, Oli stated he was stepping down to facilitate a constitutional solution to the crisis. The president has accepted the resignation and begun discussions for a new leader.

The situation remains volatile, with ongoing protests and no clear path forward. The army has warned it might intervene if the unrest continues, citing theft and arson. International observers are closely monitoring the developments in Nepal.