Opinion | The next five years won’t be easy
Summary
Nepal's Rastriya Swatantra Party, a young political force, is poised to form a majority government amid challenges of governance, economic stability, and foreign relations in a fragile democratic landscape.
Key Points
- The Rastriya Swatantra Party (RSP), a new political force in Nepal, is projected to secure a majority in parliament, representing a historic shift.
- Constitutional revision proposed by RSP poses risks of reigniting ethnic and federalism tensions in a fragile political environment.
- Nepal faces economic vulnerabilities due to global inflation, supply chain disruptions, and its currency peg to the Indian Rupee.
- Nepal’s foreign policy challenges include managing complex relationships with India, China, and Western donors amid a shifting global geopolitical landscape.
