AGP Executive Report
Last update: 4 hours agoFlood Reconstruction Funding: Nepal’s foreign ministry says rebuilding after the Aug 26 glacial flood will cost about $4.78bn, with $57.67m for the next six months and $4.71bn for longer-term works, as PM Balendra Shah prepares to raise climate-linked disaster losses at the UNGA. Infrastructure & Energy Recovery: Nepal is pushing access and restoration for the Chilime Hydropower Project—an access road to the tunnel has been completed and a Pulchowk-built mud-removal machine was rushed in to speed tunnel clearing; meanwhile, officials estimate major damage across transport and power assets. Private Sector & Market Measures: Finance Minister Swarnim Wagle says the government will roll out five special packages to revive the economy, including capital market reforms and flood recovery support for affected businesses and industrialists. LPG Supply Crackdown: Authorities in Kathmandu and Bhaktapur seized hundreds of LPG cylinders and arrested traders accused of creating artificial shortages and selling at inflated prices. Regional Cooperation: WHO SEARO adopted a resolution to improve equitable access to quality medical devices, while SAWEN members adopted the Kathmandu Declaration to curb illegal wildlife trade. Skills-First Education: Nepal is revising the school curriculum to be more life- and job-oriented, not just exam-focused.
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