International community pledge 400 billion rupees for Nepal

With the pledge worth of Rs. 400 billion from development partners for Nepal’s reconstruction, the International Conference on Nepal’s Reconstruction Concluded.

June 27, 2015, 5:45 p.m. Published in Magazine Issue: Vol: 09 No. -1 June. 12- 2015 (Jestha 29, 2072)

With the pledge worth of Rs. 400 billion from development partners for Nepal’s reconstruction, the International Conference on Nepal’s Reconstruction Concluded.

The multilateral and bilateral donor agencies have announced a total assistance worth Rs 400 billion (USD 4 billion) for Nepal’s reconstruction in the International Conference on Nepal’s Reconstruction, which was held in the Capital on Thursday.

The announcement was made with commitments including technical support for the reconstruction from various development partners, National Planning Commission’s Vice Chairman Prof Dr Govindaraj Pokharel told the Rastriya Samachar Samiti.

The conference was organised to seek support from the development partners to rebuild the country devastated by the April 25 earthquake and its aftershocks.

Finance Minister Dr Ram Sharan Mahat said that the conference was a grand success.

The participation and the announcement of support made by the development partners were more than expected, he told RSS.

Vice-Chairman Pokharel also said the announced support was much more than Nepal had expected. He underlined the need for a special focus on the challenges of implementation on reconstruction in the coming days.

Earlier, after the end of the business session, Chief Secretary Leelamani Poudyal hailed the conference as a success. The Chief Secretary stressed on giving special focus on proper use of the support in the coming days.

In the session chaired by Finance Minister Dr Ram Sharan Mahat, the government officials called on the donors for attention towards the reconstruction efforts underway in the country.

During the session, NPC Vice-Chairman Pokharel presented a Post Disaster Need Assessment (PDNA) report. Finance Secretary Suman Sharma apprised the participants of the mobilisation of resources, the post-quake scenario and the implementation process.

With the conclusion of the business session, the technical session has kicked off with the chairmanship of former Vice-Chairman of NPC Dr Shankar Sharma reports RSS.

 

More on News

The Latest

Latest Magazine

VOL 12 No.05, September 21, 2018 (Ashoj. 05, 2075) Online Register Number: DOI 584/074-75

VOL 12 No.04, September 07, 2018 (Bhadra 22, 2075) Online Register Number: DOI 584/074-75

VOL 12 No.03, August 17, 2018 (Bhadra 01, 2075) Online Register Number: DOI 584/074-75

VOL 12 No.02, August 03, 2018 (Shrawan 18, 2075) Online Register Number: DOI 584/074-75