AGP Executive Report
Last update: 7 hours agoCentral Bank Reform: Nepal’s House Finance Committee has unanimously passed the NRB Act amendment report, shortening governor/deputy/board terms to 3 years (extendable by 2), tightening eligibility with a 2-year cooling-off, and requiring at least one woman independent board member. Stock Market Mood: NEPSE slid 21.19 points on Wednesday after a sharp prior rebound, with turnover falling to Rs 5.38bn. LPG Supply Push: Nepal’s Industry Ministry says India is “positive” about adding 160 LPG bullets and raising monthly supply above 60,000 metric tons to ease Kathmandu’s gas shortage. Floods, Climate Justice Debate: New studies on the Nepal–Tibet disaster say climate change likely weakened glaciers/permafrost, making the collapse and flash floods more likely, while scientists argue adaptation limits and press for stronger loss-and-damage support. Disaster Aftermath for Workers: Search at Chilime hydropower found 5 bodies; one worker still missing. Agriculture Prices: Banana prices in Chitwan fell as production rose, while Bhotekoshi–Trishuli floods disrupted supplies. Trade & Connectivity: India’s two-wheeler exports are expected to stay strong into FY27, with Nepal among markets supporting demand. Parliament Today: The House of Representatives meets in Singha Durbar to discuss marine biodiversity beyond national jurisdiction, alongside committee sessions.
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