Outgoing Prime Minister Girija Prasad Koirala will tender his resignation to newly elected President Ram Baran Yadav on Wednesday afternoon after the latter is officially sworn-in for the post at 03:00 p.m. local time (0915GMT) at Shital Niwas, the office of the president in Nepali capital Kathmandu.
According to nepalnews.com report, Koirala is tendering his resignation to the first president of Nepal to pave way for the formation of a new government.
A cabinet meeting held on Wednesday decided that Prime Minister Koirala, who has already announced his resignation before the Constituent Assembly earlier, would officially tender his resignation to the President.
After the prime minister's resignation to be formally accepted by the president, the interim government would also be dissolved on Wednesday.
However, the current cabinet would continue to function as a "caretaker government" until a new government assumes the office.
Ram Baran Yadav from Nepali Congress was elected president on Monday, while the Constituent Assembly on Saturday declared Madhesi People's Rights Forum candidate Paramananda Jha the first vice president of the republican Nepal.
Source:Xinhua
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