AGP Executive Report
Last update: 6 hours agoParliament & Policy: The government registered a bill to amend and repeal five finance-related laws, including the Nepalese Currency Circulation Act and the Revenue Leakage Act, aiming to fix unclear provisions and remove legal duplication. Capital Markets: SEBON says it’s preparing a time-bound roadmap to tackle recent NEPSE weakness and will push licensed traders to follow new market instructions, including margin trading rules. Provincial Reform: Gandaki Province unanimously passed a bill legalising cannabis cultivation for medicinal and industrial purposes, with licensing, CCTV-secured sites, and a three-tier regulatory system. Legislation Updates: The HoR endorsed amendments to four bills, including public procurement, money laundering, cooperatives, and health-institute related acts. Governance & Appointments: Farewell held for outgoing Chief Secretary Suman Raj Aryal as Govinda Bahadur Karki takes over, with PM-linked remarks on performance-based civil service reforms. Foreign Relations: Speaker DP Aryal met India’s envoy to discuss parliamentary ties and connectivity, while Nepal’s 100-day progress was briefed in the HoR. Public Safety: A man set himself on fire outside the passport department in Kathmandu after his motorcycle was wheel-locked; he suffered burns to about 70% of his body. Justice: A special court acquitted all 18 defendants in the Nepal Telecom billing system corruption case.
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.