AGP Executive Report
Last update: 10 hours agoBhotekoshi Flood Recovery: Nepal is preparing a detailed damage report from the Bhote Koshi floods within one month, with teams collecting ward-level data across Rasuwa, Nuwakot, Dhading and Gorkha, while the government also moves toward an exit strategy for the month-long search and rescue as risks and rescue capacity are reviewed. Hydropower & Energy Policy: The government has initiated legal steps to reserve 2% of hydropower IPOs for serving security personnel, amid reports of hundreds still missing and major hydropower losses. Finance Sector Watch: Nepal’s microfinance nonperforming loans have surged to about Rs 51 billion, pushing loan-loss provisions higher as regulators cite weak recovery conditions and borrower stress. SME Push: FNCSI urged the government to declare an “MSME Development Decade,” calling for collateral-free concessional loans, tax incentives, faster industrial services, and procurement support for “Made in Nepal” products. Immigration & Industry Links: Nepal has begun deporting 88 Chinese nationals tied to a buffalo meat export project after visa violations, with 329 more under scrutiny. Climate Diplomacy: Nepal’s PM Balendra Shah is in New York for UNGA, pressing for climate justice and implementation-focused action following the disaster. Weather Alert: A Bay of Bengal system is expected to bring heavy rainfall, with risk maps and travel cautions issued for flood- and landslide-prone areas.
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