AGP Executive Report
Last update: 33 minutes agoADB & Jobs Drive: ADB President Masato Kanda says the bank’s support to Nepal is set to reach USD 2.4 billion by 2029, with USD 165 million signed in new deals—USD 115m for water and sanitation for 850,000 people and USD 50m to modernize border goods movement through digitalization. Monetary Policy Focus: Nepal Rastra Bank unveiled a flexible monetary policy aimed at keeping inflation around 5.5% and expanding credit to support the 7% growth target, while warning banks’ risks are rising. Banking Stress: NRB says bad loans jumped to 5.41%, with “watchlist” loans rising to 11.1%, and highlights real-estate-linked lending as a key vulnerability. NEPSE Moves: NEPSE climbed 24.57 points to close at 2,651.68, with turnover rising to Rs 1.53bn. Court Verdict: Kathmandu District Court convicted 23 in the fake Bhutanese refugee scam, including former DPM Top Bahadur Rayamajhi and former Home Minister Bal Krishna Khand, with sentencing to follow. Governance & Security: PM Shah told ADB good governance, jobs, and quality public services are top priorities; meanwhile, NA members pressed the government on elephant menace, law and order, and Chure water drying concerns. Sports: Nepal’s women’s kabaddi team will play a five-match series vs Bangladesh in Dhaka starting July 17.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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