Nepal News Evening Economic Brief – October 21, 2025
Summary
Nepal's government cuts budget by Rs. 125 billion following Gen Z protests, foreign investment commitments reach Rs. 35 billion, and two hydropower projects with 84 MW capacity completed in Myagdi.
Key Points
- Nepal's government reduced the fiscal year budget by Rs. 125 billion after Gen Z protests, cutting Rs. 114.10 billion from development ministries.
- Foreign investment commitments of over Rs. 35 billion were secured in the first three months of the current fiscal year across 311 industries.
- Nepal Electricity Authority cut power to multiple industries due to unpaid premium electricity charges.
- Two 84 MW hydropower projects on the Rahughat River in Myagdi district were completed and connected to the national grid.
