Nepal's Prime Minister has reached the 100-day milestone, focusing on rapid governance adjustments and administrative shifts. The administration faces the challenge of navigating complex relationships between neighboring India and China. Policy priorities remain centered on internal reform and economic management.
The Nepalese government's attempt to bypass standard legislative processes through the use of ordinances has met significant opposition in the National Assembly. Political actors are disputing the legal and procedural validity of bypassing the assembly for acts regarding public procurement and anti-money laundering. President Ramchandra Paudel remains central to the constitutional debate over executive authority.
The Asian Development Bank and the Nepali government signed agreements totaling $165 million to improve critical infrastructure. The financing will support water supply and sewerage projects in the Kathmandu Valley alongside logistics reforms under the South Asia Subregional Economic Cooperation program. These initiatives aim to modernize urban services and strengthen regional trade connectivity.
The Jestha Varna Mahavihar in Lalitpur, Nepal, was honored with a 2025 UNESCO Asia-Pacific Heritage Award. The site was restored using grant assistance provided by the Indian government. The restoration project highlights collaborative efforts to preserve regional cultural history.
India has laid the foundation stone for a new secondary school building in the Shivasatakshi municipality of Nepal. The project is funded under India's High Impact Community Development Project initiative. This assistance is part of ongoing bilateral cooperation between the two nations aimed at bolstering local educational infrastructure.
A Kathmandu district court has convicted two former ministers and 21 others in a high-profile case involving a fake Bhutanese refugee scheme. The court found the defendants guilty of trafficking individuals under the guise of relocation to the United States. This ruling marks a significant escalation in the government's crackdown on corruption.
Indian safeguard duties on steel imports have caused a massive decline in exports from Nepal. Industry reports indicate a two-thirds drop in volume, significantly affecting major Nepalese manufacturers. The trade barrier was implemented following compliance reviews regarding regional steel quality standards and trade remedies.
Prime Minister Balendra Shah is set to conduct his first official meeting with a foreign dignitary, hosting the president of the Asian Development Bank, Masato Kanda. The discussion aims to align infrastructure development goals with international financial support. Finance Minister Swarnim Wagle and Foreign Minister Shisir Khanal are expected to participate in the high-level talks to address long-term regional cooperation.
The government has introduced the new Water Resources Bill, designed to centralize regulatory control over river and dam projects. The legislation aims to increase state oversight of energy production and hydropower development. Industry stakeholders have expressed concerns regarding the impact on existing independent power producers.