AGP Executive Report
Last update: 7 hours agoDisaster-Resilient Infrastructure: Nepal’s infrastructure minister Sunil Lamsal says the country needs a “paradigm shift” toward disaster-resistant, sustainable construction, warning that poor water and debris management is making structures increasingly vulnerable as river flows rise over time. Energy Sector Push: The Energy Ministry formed a high-level committee with private sector members to tackle policy and implementation hurdles in hydropower and broader energy development. Flood Fallout on Growth: The World Bank projects Nepal’s FY2026/27 growth to slow to 3.7% after the Aug 26 Rasuwa flood, with industry and services hit hardest and major damage to hydropower, transmission, transport and trade. Central Bank Move for Finance: NRB relaxed foreign investment limits for banks and financial institutions, allowing more exposure to liquid foreign government bonds and related hedging options. Electricity & Markets: NEPSE rebounded, but turnover fell; meanwhile, electricity export approvals for four Nepali hydropower projects to India were renewed, supporting monsoon power sales. Connectivity & Cost Pressure: ISPs plan to stop selling/renewing internet packages below 50 Mbps ahead of Dashain-Tihar, raising access concerns for students and small businesses. Legal/Recovery Administration: Government is preparing an ordinance to amend death declaration and registration rules for disaster missing persons, as Nepal shifts from search-and-rescue to rehabilitation.
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