News Evening Economic Brief – October 25, 2025
Summary
Nepal faces ongoing economic challenges including FATF grey listing, power cuts to industries for unpaid dues, approval of new hydropower projects, and surging electric vehicle imports. Investor losses mount amid market turmoil and social security coverage expands overall.
Key Points
- FATF retains Nepal on grey list citing insufficient progress on anti-money laundering and terrorism financing controls.
- Nepal Electricity Authority cuts power to 18 more industries over unpaid dues exceeding Rs 8 billion.
- Department of Electricity Development approves 10 hydropower projects totaling 241.5 MW in the first quarter of FY 2025/26.
- Electric vehicle imports surge with a 136% increase in electric cars and jeeps, spurred by rising fuel prices and maintenance costs.
