AGP Executive Report
Last update: an hour agoFlood Damage: Nepal’s Bhotekoshi floods caused an estimated Rs79.17 billion in losses—about 10% of GDP—and affected more than 32,000 people, highlighting the economic toll of climate shocks. Energy and Investment: The Kaligandaki Corridor transmission line resumed service after 21 days using emergency towers, while the government is opening cross-border electricity trade to private firms. Enterprise: A Kathmandu dairy run by Gorkha engineer Kumar Lamichhane produces 1,200 litres daily and reports monthly profit of Rs1.5 million, showcasing commercial farming’s potential. Trade and Tourism: Festival imports helped Birgunj customs exceed its monthly target, and Jumla exported 7,330 tonnes of apples. But Mustang tourist arrivals dropped 41.52%, showing an uneven recovery. Finance: Nepal’s banking sector is expanding but faces challenges; investors also flag energy and law-and-order concerns.
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