AGP Executive Report
Last update: 8 hours agoParliament & Budget Push: In the HoR, MPs kicked off debate on the Appropriation Bill’s principles and priorities, urging faster delivery of seeds and fertilizer ahead of paddy season and warning that past budget execution and capital spending have been weak. Market Pulse: NEPSE slid modestly—down 1.03 points to 2,730.91—with daily turnover at Rs 2.45 billion. Energy & Connectivity: Nepalgunj’s power distribution got a boost with five new feeders for summer demand, while Nepal Telecom upgraded the Korala border BTS tower by doubling solar and battery capacity to improve phone and internet reliability. Revenue Transparency: The Auditor General flags rising customs/tax exemptions—Rs 85.23 billion in one fiscal year—calling for better transparency in revenue management. Construction Cost Pressure: Construction entrepreneurs protested price hikes in fuel and materials, and the government says it will tackle “unnatural” hikes through procurement rules. Gold Watch: Fine gold rose Rs 800 per tola; silver eased Rs 20. Conservation Alert: Plans to relocate 18 blackbucks to Chitwan face concerns over stress, predators, and disturbance.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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