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David Cameron to resign by October after voters opt to leave European Union

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LONDON — British Prime Minister David Cameron will leave the administration by October after voters opted to leave the European Union on Friday.

In his official statement outside 10 Downing Street, Mr Cameron, who was one of the leaders of the Remain campaign, said the decision justified a change in leadership.

“In my view we should aim to have a new prime minister in place by the start of the Conservative Party conference in October,” Cameron said.

“I will do everything I can as Prime Minister to steady the ship over the coming weeks and months, but I do not think it would be right for me to try to be the captain that steers our country to its next destination,” he said.

“This is not a decision I’ve taken lightly. But I do believe it’s in the national interest to have a period of stability, and then the new leadership required,” he said

In a historic referendum, Britain on Friday parted ways from the European Union (EU), becoming the first country to leave the 28-nation bloc.

After the verdict, pro “Leave” groups in the Netherlands and other EU nations have called for similar referendums in their respective countries.

The news of UK’s exit from the European Union has also triggered a massive jolt in the global financial markets, forcing several countries to adopt defensive measures to tackle the crisis.

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Govt to present its policies and programmes Monday

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KATHMANDU — The government is preparing to present its policies and programs for the fiscal year 2018/19 at the Federal Parliament on Monday.

According to Joint Spokesperson at the Federal Parliament Secretariat Keshav Aryal, all preparations are over for the release of the government policies and programs to be made by the President Bidya Devi Bhandari from New Baneshwor-based Federal Parliament Building at 4:00 pm Monday.

President Bhandari would unveil the government policies and programs for the first time in the joint meeting of the Federal Parliament after the promulgation of the new constitution.

As per the constitution, the President can address any of the House meeting or the joint meeting of the Federal Parliaments and summon the lawmakers for their presence.

Vice President, top leaders of different political parties, high-ranking government officials, chiefs of the constitutional bodies, chiefs of the security bodies and chiefs of the diplomatic missions in Nepal are invited for the program.

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