AGP Executive Report
Last update: 9 hours agoMonetary Policy Watch (Nepal): Nepal Rastra Bank is in the final stages of releasing monetary policy for FY 2083/84, after completing the draft and moving it through management and board approvals, with the budget targeting 7% growth and 6% inflation. Policy Execution (Nepal): In its FY 2082/83 review, the central bank says inflation mostly stayed near target (2.66% average vs 5% target) while broad money growth overshot (15.2% vs 13%) and private credit growth lagged (6.5%). Rates Management (Nepal): The bank also narrowed its interest rate corridor in the review, aiming to keep the policy rate inside the band. Trade & Security Diplomacy (Australia-Pacific): Prime Minister Anthony Albanese pushed a Pacific security agenda with Solomon Islands, agreeing to negotiate a comprehensive bilateral treaty and backing education and police academy training. China Growth Outlook (World Bank): A World Bank update says China’s growth remains resilient, supported by high-tech investment and exports, while urging stronger social safety nets to boost consumption. Digital Economy & Fraud (Ghana): An economist warns Ghana’s digital fraud problem won’t be solved by enforcement alone, calling for higher financial literacy and basic cybersecurity education as mobile money expands. Regional Development (Ethiopia): Ethiopia’s MPs grilled Prime Minister Abiy Ahmed on economic performance, governance reforms, security, and long-term development priorities, including access to the sea. Air Cargo Forecast: A new industry outlook projects global air cargo growth to $315.90B by 2035, driven by e-commerce and pharma cold-chain demand.
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