KATHMANDU: Nepal News presents today’s snapshot of Nepal’s economic activities. Get quick updates on major market movements, policy shifts, and financial developments shaping the economy of Nepal. Here are the key economic highlights for today:

NRB Releases Annual Monetary Policy Review Today

Nepal Rastra Bank (NRB) released the annual monetary policy review report for fiscal year 2025/26 today. According to the report, broad money supply expanded by 15.2 percent, outpacing the initial projected ceiling of 13 percent. Conversely, private sector credit growth remained contained at 6.5 percent, falling below the forecast target of 12 percent. The 10-month average consumer inflation rate stood at 2.66 percent. Additionally, gross foreign exchange reserves reached a peak sufficient to sustain commodity and service imports for 19.2 months, far exceeding the baseline target of seven months.

NRB Forecasts 7% Economic Growth for Next FY

Nepal Rastra Bank (NRB) projects Nepal’s economic growth to rebound to 7 percent in the upcoming fiscal year 2026/27, driven by policy reforms and rising private sector confidence, despite a slowdown to 3.85 percent in the current fiscal year 2025/26. While inflation hovered at 5.04 percent in May 2026 due to high food and energy costs, a steady inflow of remittances has pushed foreign exchange reserves to historic highs and maintained high banking liquidity. However, credit flow remains sluggish, and commercial banks face rising pressure on asset quality and profits. On the fiscal side, the central bank warned that while revenues cover regular administration, capital expenditure remains deeply suppressed, with the government using a significant portion of new loans simply to service old debts rather than investing in infrastructure.

NEPSE gains 24.57 points with Rs 4.40 billion Turnover

The Nepal Stock Exchange (NEPSE) index rebounded by 24.57 points (0.93 percent) on Tuesday to close at 2,651.68, recovering from Monday’s decline. Daily turnover rose to Rs 4.40 billion from Rs 3.55 billion, with 9.52 million shares of 352 companies traded in 72,022 transactions. Share prices of 210 companies advanced, 57 declined, and 10 remained unchanged, while all 13 sectoral indices closed higher. Kalanga Hydro gained the daily maximum of 14.99 percent, while Atmanirbhar Laghubitta Bittiya Sanstha fell 13.78 percent. KBL Debenture led turnover with Rs 207.5 million in transactions.

Commercial Banks Authorized to Invest in Foreign Securities

Nepal Rastra Bank (NRB) introduced regulatory revisions in its incoming monetary framework, allowing domestic commercial banking units to directly purchase and trade foreign government bonds. The strategic intervention aims to optimize soaring domestic foreign exchange holdings and manage excess liquidity injected during baseline currency exchange interventions. The framework institutionalizes a “sterilized intervention” system, enabling NRB to sell sovereign financial papers to reabsorb surplus liquidity generated when printing local notes to buy hard currency. The directive leverages high national reserves to offset internal inflationary pressures by utilizing foreign currency transaction loops to systematically stabilize the broader financial grid.

ADB Commits $2.4 Billion Cooperation Fund Through 2029

The Asian Development Bank expanded its country partnership strategy, projecting its cumulative financial assistance grid to reach USD 2.4 billion by 2029. The structural allocation pipeline prioritizes job creation, private sector capacity building, sustainable public service delivery systems, and digital transformations. To mark 60 years of bilateral partnership, the multilateral lender signed two distinct project loans on Tuesday totaling USD 165 million, encompassing a USD 115 million allocation to install integrated water supply networks for 850,000 residents and a USD 50 million policy loan targeting cross-border trade facility modernization. Annual loan outlays are expected to touch USD 660 million this year.

Govt. Allocates Rs 32.46 Billion for Chemical Fertilizer Procurement

The Ministry of Agriculture, Forestry, and Environment announced a comprehensive Rs 73.12 billion budgetary layout for fiscal year 2026/27 during a National Assembly session today. Under the structural allocations, Rs 32.46 billion, comprising approximately 59 percent of the direct agricultural fund pool, is reserved exclusively to guarantee chemical fertilizer import pipelines. Auxiliary infrastructure spending nodes include Rs 2.64 billion for research, Rs 2.62 billion for modernization initiatives, and Rs 2.19 billion for crop insurance plans. Geographically, central bodies handle Rs 60.3 billion, while local municipalities oversee Rs 32 million.

Bagmati real estate transactions rise 33.01%, Madhesh Slumps

Real estate transactions in Bagmati Province increased by 33.01 percent during the first nine months of the current fiscal year, according to the latest Nepal Rastra Bank (NRB) report on real estate transaction trends and status. The report, released on Monday, said Madhesh Province was the only province to record a decline, with transactions falling by 4.79 percent during the same period. Nationwide, the total number of real estate transactions rose by 6.42 percent compared with the corresponding period of the previous fiscal year, reversing a 4.52 percent decline recorded a year earlier. Transactions under deed registration also increased, with overall deed registration transactions rising by 0.62 percent, while registration transactions under deed registration climbed by 12.17 percent. The value of real estate transactions reached Rs 183.90 billion in the first nine months of the current fiscal year, up from Rs 100.07 billion during the same period of the previous fiscal year.

Bird Flu Brought Under Control in 7 Districts, Active in 4

Bird flu has been brought under control in Jhapa, Morang, Sunsari, Mahottari, Bara, Chitwan, and Nawalparasi, while outbreaks remain active in Kathmandu, Lalitpur, Bhaktapur, and Kavrepalanchowk, according to the Department of Livestock Services. Teams were deployed to cull and safely dispose of infected poultry, poultry products, and production materials in affected areas to contain the disease, which had recently spread to 11 districts. The Livestock Quarantine Office remained on high alert during the response, mobilizing patrol teams to destroy illegally imported poultry. Following improvements in the disease situation, transportation restrictions related to poultry have now been eased.

NRB Calls for Bidding on Rs 25 Billion Bond

Nepal Rastra Bank (NRB) has called for bidding on development bonds worth Rs 25 billion. According to a public notice issued by the central bank today, the bidding for “Bond 2027 ‘E’” can be submitted online. The notice further specifies that only ‘A’, ‘B’, and ‘C’ class banking and financial institutions (counterparties) licensed by Nepal Rastra Bank are eligible to participate in the bidding process. Participating counterparties must specify the amount they wish to bid along with their proposed interest rate, which can be stated up to four decimal places. NRB stated that the minimum bidding amount is fixed at Rs 50 million. For amounts above that, bids can be placed up to the total requested amount, provided the figure is a multiple of Rs 50 million.

Bagmati to Refund Small Depositors of 5 Cooperatives

The Bagmati Province Office of the Problematic Cooperative Management Committee will refund small depositors of five troubled cooperatives by mid-July. Chaired by Chief Minister Indra Bahadur Baniya, the decision targets Civil Saving and Credit, Darshan Saving and Credit, Sumeru Saving and Credit, Laligurans Saving and Credit, and National Namobuddha Saving and Credit Cooperative. Committee member Rameshwar Dhakal stated that Rs 90 million has been collected to refund about 3,000 small depositors between July 11 and July 16. Depositors of Civil, Sumeru, Laligurans, and Namobuddha will get up to Rs 100,000 each, while Darshan depositors will receive up to Rs 10,000.

Sudurpaschim Tables Rs 37.703 Billion Budget

The Sudurpaschim Province government advanced its legislative agenda after Economic Affairs Minister Bikram Singh Dhami tabled the annual budget for fiscal year 2026/27 in the Provincial Assembly on Tuesday. The move comes 22 days after its initial presentation on June 15 due to internal political disputes. The total budget stands at Rs 37.703 billion. Financing sources include Rs 1.720 billion from internal revenues, Rs 10.249 billion from federal revenue sharing, and Rs 9.65 billion from the fiscal year 2025/26 surplus. Federal fiscal equalization grants provide Rs 9.063 billion, while conditional grants add Rs 6.035 billion.

Sugarcane Farmers Paid Rs 1.76 Million

Sugarcane farmers in Mahottari received over Rs 1.76 million from Everest Sugar and Chemical Industries and Siddhibinayak Sugar and Chemical Industries for supplies delivered during the 2025/2026 fiscal year. The Chief Administrative Officer of the district confirmed that the total clearance for 2.8 million quintals of crops will conclude within this fiscal period under a committee led by the Chief District Officer. However, a state subsidy of Rs 207 million remains outstanding. Consequently, the local payment committee formally requested the Office of the Comptroller to release the delayed government grant.

Organic Sales Center Opens in Chitwan

A dedicated sales center for marketing organic agricultural products has been established in Bharatpur Metropolitan City-7 to help connect organic farmers directly with consumers and improve market access. The organic sales center, operated by the District Organic Association Chitwan, was set up at a cost of Rs 2 million with support from the District Agricultural Development Office, Chitwan, and coordination from the association. The center was established after marketing became a major challenge due to an imbalance between production and sales. Farmers engaged in organic farming can bring their products to the center for sale and distribution. At least farmers are currently practicing organic farming in the district on 264,132.40 square meters of land. The outlet will sell a range of organically produced goods, including lentils, rice, fruits, vegetables, dairy products, herbs, and nutritious food products. The center is expected to benefit both farmers seeking reliable markets and consumers looking for certified organic produce.

Commercial Farming Expands via NAMP Grants in Bhojpur

The National Agricultural Modernization Program (NAMP) has accelerated commercial agriculture in Bhojpur through subsidies and technical aid. The Special Crop Zone Technical Unit under the Program Implementation Unit Sankhuwasabha, operates a Cardamom Super Zone spanning 35 wards and an Orange Zone across 26 wards. During this fiscal year, 109 farmers received grants. Notably, Sangeeta Shrestha of Bhojpur-5 and four other firms secured Rs 400,000 each for commercial cultivation. The office funded 54 irrigation projects, distributed 30 kilns, and planted 55,000 seedlings across 51,890.75 square meters.

Names of Tulsi Cooperative Debtors Made Public

The Office of the Problematic Cooperative Management Committee has made public a name list of 377 persons who took loans from the problematic Tulsi Multi-Purpose Cooperative. The committee has said that was made public today based on the available loan details. Meanwhile, those debtors who have already cleared the dues but have appeared in the name list are requested to contact the committee with evidence of the clearance. Others in the list have been asked to contact the committee and pay the loans. “Otherwise, the process of recovery will be forwarded as per the existing law.” The decision to publish the name list is for recovering the loans of problematic cooperatives and ensuring the rights of depositors, it is said.

Gold Traded at Rs 288,000, Silver at Rs 4,555 Today

Gold and silver prices decreased in the market today (Tuesday). According to the Federation of Nepal Gold and Silver Dealers’ Association, the price of gold dropped by Rs 900 per tola (11.66 grams) today and is currently being traded at Rs 288,000. On Monday, gold was traded at Rs 289,400 per tola. Similarly, silver prices also went down on Tuesday. The price of silver decreased by Rs 30 per tola today and is being traded at Rs 4,555. On Monday, silver was traded at Rs 4,585 per tola.