AGP Executive Report
Last update: 8 hours agoBhotekoshi-Trishuli Flood Response: Nepal has halted the search-and-rescue phase after the Aug. 26 floods, keeping only essential operations, as hopes of finding survivors fade; confirmed deaths stand at 1,455 with 5,285 still missing, while the government shifts focus to reconstruction and rehabilitation. Disaster Budget Push: The Cabinet-level National Council for Disaster Risk Reduction and Management recommended Rs 5.59 billion for post-disaster bids and plans across 504 programmes, with more allocations to follow once project costs are finalized. NEPSE Slide: The Nepal Stock Exchange fell 20.48 points to 2,566.76 as turnover dropped by over Rs 1 billion to Rs 3.279 billion. Energy & Household Costs: Gas shortages are pushing households toward electric stoves; imports of induction and infrared stoves have surged in the first two months of the fiscal year. Power Infrastructure: The stalled Hetauda–Dhalkebar 400kV transmission line is expected to be operational right after Dashain, with remaining towers to be completed within weeks. Road Resilience: Nepal’s road authorities are revising bridge and road standards after floods and landslides, including designs for long-span bridges and higher freeboard. Climate Diplomacy: Nepal is taking flood and glacier risk to global forums, while Pacific leaders at pre-COP talks in Fiji press for climate finance and stronger action.
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