AGP Executive Report
Last update: 5 hours agoClimate Finance: Nepal became the first country allocated support from the UN Loss and Damage Fund, with a $20 million grant for flood recovery. The money is only a fraction of the losses, and Nepal must submit a project proposal to access it. Energy Trade: The government has opened the door to private cross-border electricity traders, but firms cannot trade until the Electricity Act is amended and licences are issued. Small Business: Hetauda entrepreneur Sandeep Sapkota is turning honey into soaps, chocolates, pickles and other products, expanding beyond raw honey sales. Tourism Links: A Nepal–India tourism event in Chitwan, starting October 26, aims to connect businesses and bring more Indian visitors to Nepal. Foreign Exchange: NRB set the US dollar at Rs 151.61 buying and Rs 152.21 selling for Sunday, unchanged from Saturday.
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.
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