Declaration of Republic

On May 28, 2008 the newly elected Constituent Assembly declared Nepal a Federal Democratic Republic, abolishing the 240 years old monarchy. The motion for abolition of monarchy was carried by a huge majority; out of 564 members present in the assembly, 560 voted for the motion while 4 members voted against it.[14] Finally, on June 11, 2008 ex-king Gyanendra left the palace.[15] Ram Baran Yadav of Nepali Congress became the first president of the Federal Democratic Republic of Nepal on July 23, 2008. Similarly, Pushpa Kamal Dahal, popularly known as Prachanda, of the Communist Party of Nepal (Maoist) was elected as the first Prime Minister on August 15, 2008 defeating Sher Bahadur Deuba of Nepali Congress.