AGP Executive Report
Last update: 8 hours agoCentral Banking & Finance: Nepal’s House Finance Committee held talks with bankers and business groups on a bill to amend the Nepal Rastra Bank Act, aiming to make the monetary and financial system more robust and responsive. Electricity Policy: The government says it’s prioritizing power infrastructure to raise domestic electricity use, while hydropower project promoters get relief as NEA extends Power Purchase Agreement deadlines for projects missing RCOD. Tax & Cost of Living: Electricity VAT has kicked in—5% for households using over 50 units—after earlier assurances that prices wouldn’t rise for end users. Banking Digital Services: NMB Bank signed an MoU with DoIT to enable secure, consent-based data autofill for Nagarik App users in online banking forms. Trade & Revenue: Birgunj Customs collected Rs 243.82 billion in FY 2025/26, meeting 89.19% of its target. Agriculture Supply: DDC plans more systematic milk collection from FY 2083/84, and Lahan’s KSCL says chemical fertilizer stock is sufficient. Weather Risk: DHM warns of sudden flash-flood risk across 35 districts, including Kathmandu Valley. Local Business Climate: KMC announced tax incentives and penalty waivers for FY 2026/27 to encourage timely payments. Investment Signals: FDI commitments in FY 2025/26 fell to Rs 58 billion, down 11%.
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