AGP Executive Report
Last update: 6 hours agoLoan Shark Talks: Home Minister Sudan Gurung’s latest round of talks with loan-sharking victims in Nijgadh, Bara ended without a written deal, and the victims say they’ll keep marching toward Kathmandu. Government Response: The Cabinet has now formed a dedicated talks team led by PMO secretary Pushkar Sapkota to negotiate with victims. Finance & Markets: NEPSE closed the fiscal year up 7.50 points at 2,597.80, but the broader year saw a 7.05% fall; turnover hit Rs 4.56 billion. Central Bank Moves: NRB set an 80% loan-to-value limit for large passenger EVs and postponed a working-capital guideline variance analysis to FY 2027/28; banks also trimmed deposit rates to around 4.17%. Corruption Case: A money laundering case worth Rs 209 million has been filed against former finance minister Bishnu Paudel. Energy & Diplomacy: Nepal and India agreed to raise cross-border electricity capacities, and India’s MEA Additional Secretary Munu Mahawar met Nepal’s FM Shisir Khanal and Foreign Secretary Amrit Bahadur Rai to push cooperation. Health Cost: A 3% health equity fee will start from July 1 for private healthcare services, raising patient costs. Politics: Parliament’s HoR and National Assembly meetings are postponed for two weeks due to lack of new government bills. Industry Oversight: Lawmakers criticized industrial-area monitoring as too formal and urged surprise checks and stronger worker protections.
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