Kathmandu, May 3 (IANS) Major political parties in Nepal Thursday reached a power sharing deal that will pave the way for the dissolution of the cabinet.

Prime Minister Baburam Bhattarai was expected to dissolve the cabinet later Thursday and request the political parties to form a national consensus government.
The new 11-15 member cabinet will be announced in the next two days, Xinhua reported.
The parties have also agreed that Bhattarai will resign after they reach an agreement on all contentious issues of the constitution and a government led by the Nepali Congress (NC) will promulgate the constitution.
“A NC-led national unity government will be formed after agreement is reached on the new constitution and before it is promulgated,” said NC general secretary Krishna Prasad Sitaula. He played a key role in brokering the deal, along with the ruling Unified Communist Party of Nepal (Maoist) chairman Prachanda.
Technically, the prime minister is likely to resign after the Constitutional Committee of the Constituent Assembly (CA) prepares the final draft of the constitution and before the full CA endorses it.
Emerging from a meeting of the UCPN-M, NC, the Communist Party Nepal-Unified Marxist Leninist (CPN-UML) and the United Madhesi Democratic Front, the leaders Thursday expressed confidence that a national unity government could be formed within soon.