AGP Executive Report
Last update: 8 hours agoDisaster Finance: At COP31, Nepal urged faster, predictable climate funding, calling for grants, concessional loans and debt relief to rebuild after the Rasuwa-Bhotekoshi disaster, with recovery estimated at US$4.78 billion. The government says post-disaster costs are squeezing budgets for development and social services. Insurance: Life insurers collected Rs 13.92 billion in premiums in the first quarter, up 39.89% year on year, according to the Nepal Insurance Authority. Jobs and Investment: More than 35 years after liberalisation, Nepal still has few large employers; around 500,000 people enter the labour market each year, while roughly 2,000 young people leave for work abroad daily. Weak industry and manufacturing, alongside an uncertain investment climate, continue to limit job creation.
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