AGP Executive Report

Last update: 8 hours ago

Parliament & Budget: House of Representatives has resumed budget discussions for FY 2083/84 after opposition obstruction, with Finance Minister Dr. Swarnim Wagle facing questions over alleged budget errors and an EV information leak; Wagle says technical mistakes are normal and challenges claims publicly. Finance & Banking: Nepal Rastra Bank data shows BFIs’ private-sector lending grew only 5.7% in the first 10 months, below the 12% target, as loan demand stays sluggish and non-performing assets restrain banks. Energy Infrastructure: MCA-Nepal has started construction of two substations and a 297-km transmission line under the MCC Nepal Compact, aiming to boost energy security and investment. Trade & Agriculture: Nepali tea exports to India face delays as shipments are held pending sample testing reports; separately, Kalimati set wholesale prices for fruits and vegetables for Jestha 28. Markets: Gold and silver prices in Nepal fell sharply, with hallmark gold down to Rs 286,700 per tola. Nepal-India Ties: Foreign Minister Shisir Khanal briefed Parliament on his India visit, highlighting joint statements on cross-border digital payments and digital public infrastructure, and preparations for a China visit. Governance & Rights: A Supreme Court hearing on a writ petition challenging the dissolution of civil servants’ trade unions is set for June 12. Local Issues: MPs raised concerns over Sisdol landfill impacts and alleged fraud in a Biratnagar housing project, while a parliamentary committee plans subcommittees and field monitoring in six districts.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 9, 2026

ZIGRAM taps AMNIL to expand AML tools in Nepal

EIN Presswire

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Jun. 3, 2026

NIMB Ace Capital, Momo VC plan $30 million Nepal fund

EIN Presswire

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May 26, 2026

Money Awareness & Inclusion Awards to name 2026 winners Thursday

EIN Presswire

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May 25, 2026

MyFlyYatra expands business-class flight access from the U.S. and Canada

EIN Presswire


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Nepal clarifies: No ban on Indian mango imports, only phytosanitary measures enforced

Nepal clarifies: No ban on Indian mango imports, only phytosanitary measures enforced


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Jun. 9, 2026

ZIGRAM Partners with AMNIL to Strengthen AML Compliance in Nepal

EIN Presswire

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Jun. 5, 2026

Himalayan Harmony Group Announces 2026 Nepal Online Casino Portfolio With Six Licensed Brands

GlobeNewswire, Inc.

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Jun. 3, 2026

NIMB Ace Capital and Momo VC Sign Strategic Partnership to Launch Nepal-Focused Investment Fund

EIN Presswire

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Jun. 2, 2026

WTO members advance discussions on key issues for unlocking services trade

World Trade Organization

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Jun. 1, 2026

Members share information on trade and climate measures, praise Trade and Environment Week

World Trade Organization

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May 26, 2026

The Best Global Financial Literacy and Inclusion Projects Announced This Thursday by the MAIAs

EIN Presswire

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