AGP Executive Report
Last update: 6 hours agoFlood Recovery: Nepal has secured a $21.6 million grant—nearly Rs 3 billion—for relief and rehabilitation after the August floods. The disaster’s estimated recovery needs stand at Rs 723 billion, while damaged roads and bridges continue to strand farmers’ produce and disrupt the China trade route at Rasuwagadhi. LDC Graduation: The UN has extended Nepal’s graduation deadline by three years, to November 2029, giving the country more time to prepare for the transition. Trade and Debt: First-quarter exports topped Rs 114 billion, but the trade deficit widened 34.7% to Rs 532.5 billion; public debt has crossed Rs 3 trillion, adding pressure on development spending. Markets: NEPSE slipped 5.45 points, with turnover reaching Rs 8.89 billion.
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