AGP Executive Report
Last update: 7 hours agoParliament Watch: Opposition MPs in Nepal’s House of Representatives demanded clear government answers on national sovereignty and border-related remarks, while HoR also began ministry-wise talks on the Appropriation Bill for FY 2083 BS. Budget & Debt: Critics say the budget is anti-poor and cuts grants to provinces and local levels, as concerns grow that Nepal’s debt servicing is nearing annual public borrowing. Energy Sector: IPPAN’s new leadership pitched “policy certainty” and faster PPAs, while the government signals tighter Power Purchase Agreement rules. Cross-border Power: Nepal is set to start exporting 40MW electricity to Bangladesh from June 15, though India has reportedly blocked extra supply. Banking & Markets: NRB flagged governance failures in banking, while commercial banks’ profits rose and NEPSE saw a sharp fall. Agriculture Inputs: Nepal opened a letter of credit to import 50,000 tonnes of fertiliser from India as global prices eased. Legal & Governance: Supreme Court ordered removal of sidewalk encroachments; MPs also debated the National Forensic Science Laboratory bill, with calls for a DNA testing and database law. Public Services & Safety: PSC marked 75 years and discussed merit-based recruitment reforms. Business & Tech: NICCI and India’s embassy discussed AI collaboration; NAIMA booked 49 stalls for NAIMA Mobility Expo 2026. Culture & Tourism: “Elephants in the Fog” won at Cannes; pilgrims continue to rise for Kailash Mansarovar via Humla routes.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.