AGP Executive Report
Last update: 7 hours agoDisaster & Recovery: Nepal’s Finance Minister Swarnim Wagle says the final death toll from the Aug 26 flash floods could reach 10,000, matching the 2015 earthquake scale, as authorities report 1,411 dead and 5,875 missing; Nepal is also seeking DNA samples for missing South Africans and continues relief and reconstruction planning. Nepal-India Ties: Wagle’s India trip is focused on economic, energy and connectivity cooperation, with Prime Minister Balendra Shah expected to visit India by year-end; India also delivered another 11 tonnes of flood relief via its 9th IAF flight. Constitution Day & Governance: Leaders marked the 11th anniversary of the constitution with renewed calls for full implementation, while debate continues on how (or whether) to amend it to better deliver rights and services. Banking & Markets: Experts warn IFRS 9 adoption could be tough for banks amid high NPLs, while NEPSE rose last week and inflation hit 5.96% in mid-August, driven by food prices. Business & Investment: Wagle urged Indian industrialists to invest in Nepal’s IT, clean energy, high-value agriculture, tourism and manufacturing partnerships. Diplomacy & Appointments: The government recommended 13 ambassadors through a public vacancy process, with parliamentary hearings next. Sports & Society: A debate on Nepal’s football grassroots failures surfaced alongside reports on Nepal Premier League preparations for foreign players and DRS use.
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