AGP Executive Report
Last update: 8 hours agoEconomic Survey & growth outlook: Nepal’s Economic Survey 2082/83 projects GDP growth at 3.85% for FY 2026/27, with agriculture slowing to 1.58% while consumption remains dominant at 90.3% of GDP; it also flags weak capital spending and private-sector credit demand despite stronger remittances and reserves. Public enterprises & state spending: Government investment in public enterprises has climbed to nearly Rs 800 billion in FY 2024/25, but dividends are declining—raising questions on efficiency. Infrastructure delivery: National pride road projects continue to lag, with limited blacktopping progress reported across major corridors and highways. Health insurance shock: The Health Insurance Board has decided to suspend non-emergency services in private hospitals from May 30, citing financial pressure and unpaid claims. Cooperatives under strain: A government commission says Nepal’s cooperative sector is heading toward crisis due to financial irregularities, weak regulation, and poor governance. MSME finance push: BII and Laxmi Sunrise Bank signed a $25m facility to expand formal lending for MSMEs, with a focus on women-led businesses. Energy policy: The energy minister urged faster growth in domestic electricity consumption to avoid future debt risks. Gold & commodities: Gold prices fell by Rs 5,500 per tola to Rs 285,000; silver also eased. Trade & industry: A Chitwan biotech firm says it has produced and exported raw materials for anticancer medicines (paclitaxel and docetaxel), with plans to expand exports. Nepal-China ties: The Chinese ambassador met VP Yadav, discussing deeper cooperation in trade, tourism, infrastructure, energy and technology. Digital push: Huawei Nepal hosted a Mini MWC 2026 in Kathmandu, spotlighting AI and next-gen telecom network plans.
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