AGP Executive Report
Last update: 10 hours agoNepal Budget 2026/27: Finance Minister Swarnim Wagle unveiled a Rs 2.12 trillion budget, promising middle-class relief and reforms, but critics warn it leans heavily on debt and may miss targets on jobs and infrastructure. Tax & Economy: Capital gains tax on share trading and real estate was raised in the Finance Bill, while excise duties on cigarettes and alcohol also increased; EV customs duties will shift to a value-based system. Energy & Power: The government aims to add 1,040 MW to the national grid next fiscal year, with Dudhkoshi Reservoir Hydropower (670 MW) set for a tender this year. Governance & Cities: Kathmandu Valley has started a pilot “faceless” AI-based traffic enforcement system in Thapathali to reduce on-street policing. Climate & Himalayas: Japan and UNDP handed over earthquake-recovery prefabricated buildings in Jajarkot to strengthen local services. International & Travel: Nepal’s embassy in Cambodia said fines for 602 overstayers were waived, urging return within a week. Culture & Film: “Shape of Momo” hit theatres, and Chinese films will screen in Kathmandu for a three-day festival. Weather: Moderate rain with thunder and lightning is possible in parts of the country.
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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