AGP Executive Report
Last update: 11 hours agoNepal Tax Shift: PM Balendra Shah says VAT revenue on electricity use will fund power-grid upgrades, including transformers, transmission lines and substations, after criticism that the 5% VAT could slow electrification and green adoption. Nigeria Reform Gap: CPPE and NECA both argue reforms have stabilized the macro picture, but businesses and households still aren’t feeling the benefits—fuel subsidy removal and FX liberalization helped, yet inflation, energy costs and naira volatility are squeezing MSMEs. Trade Deal Momentum: India-Oman CEPA takes effect, granting duty-free access to 98.08% of Oman’s tariff lines and targeting sectors from engineering and pharma to processed foods and marine products. Geopolitics Hits Energy: Oil jumped more than 2% as Israel expands operations in Lebanon, while China’s crude imports reportedly slump amid Iran-war-driven supply and pricing shifts. Gig Economy Rules: The ILO is close to finalizing a first global convention to set core labor protections for platform workers. US-India Talks: A US delegation in India aims to finalize an interim trade pact under the broader India-US BTA. Local Business Pulse: Statistics Netherlands reports Q1 turnover in accommodation and food services rose 2.2%—the slowest growth in five years.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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