Thursday, June 25, 2015

Development partners pledge over $4 billion aid for Nepal's reconstruction

Development partners – including both multilateral and bilateral – today pledged $4.4 billion in aid that is more than half the Post Disaster Need Assessment (PDNA) estimation for the reconstruction of Nepal.
According to preliminary estimation of PDNA, Nepal needs Rs 669 billion ($6.7 billion) – over the next five years – for the reconstruction of the damaged infrastructures due to the devastating earthquake on April 25, and subsequent aftershocks.
Of the pledge by Nepal's trusted development partners – during the International Conference on Nepal’s Reconstruction 2015 (ICNR 2015) here in the capital today – half of the aid is grant while the remaining half is loan.
In the conference, India announced the largest aid, Rs 100 billion ($1 billion), for post-earthquake reconstruction. "India has extended one fourth of the total amount as grant assistance," said Indian minister for Foreign Affairs Sushma Swaraj.
Following the southern neighbour, the northern neighbour, China also announced Rs 76 billion ($760 million) in the conference organised to raise fund for the rebuilding the country ravaged by the devastating earthquake of April 25. Chinese foreign minister Wang Yi, on the occasion, announced 4.7 billion RMB ($760 million) including both grant and loan. China has also offered a concessional loan from Silk Road Fund from China to Nepal’s reconstruction bid. "China will offer training opportunities for 1,500 Nepalis over the next year," Yi announced, quoting Chinese president Xi Jinping’s message, "The friendship between China and Nepal is as close as teeth and lips."
Likewise, Japan announced Rs 26 billion ($260 million) during the conference. Japan has also proposed to organise second donors' conference – in Japan – to support Build Back Better Nepal. "Japan will provide as much cooperation as possible in rebuilding Nepal including World Heritage sites," Japanese state foreign minister for Foreign Affairs Minoru Kiuchi said, on the occasion.
Addressing the conference, the US ambassador to Nepal Peter W Bodde announced the US aid of $130 million for Nepal’s bid to recover from the deadly earthquake and susbsequent aftershocks. Bodde also relayed US secretary of state John Kerry's message at the conference, pledging longstanding partnership and commitment for Nepal.
The 7.8-magnitude devastating earthquake that struck on April 25 and subsequent aftershocks and landslides killed over 8,600 people and damaged over 8,000 homes and buildings partially and completely, food stocks, livestock and farmland were destroyed impacting the people's liveleihood.
On the occasion, European Union Development Commissioner Neven Mimica pledged euro 100 million grant and technical assistance worth euro 5 million to Nepal reconstruction efforts. "EU is currently preparing a budget support operation worth euro 100 million and this is our pledge today," he said, adding that the assistance will hopefully create fiscal space helping the government to face the budgetary consequences of the disaster both in unforeseen expenditure and foregone revenue. "In parallel, EU will make available up to euro 5 million or technical assistance."
Likewise, Norway announced $30 million (Norwegian Kroner 100 million), the UK pledged $110 million, Canada announced $60 million, Switzerland $25 million, Australia $16 million and South Korea pledged $10 million for Nepal's reconstruction.
On the occasion, Pakistan pledged $1 million and Austria $1.2 million in financial assistance, Sri Lanka pledged $1.5million, Finland $2 million and Turkey announced $2 million for rebuilding Nepal. However, Brazil, Bangladesh, Kuwait and Saudi Arabia have also assured to support Nepal’s recovery bid but have not announced the amount.
Similarly, the multilateral development partners also announced support for Build Back Better Nepal. Asian Development Bank (ADB) pledged $600 million, whereas World Bank (WB) – earlier on Tuesday – has said that it would provide up to $500 million to finance the reconstruction of Nepal.
Meanwhile, UN secretary general Ban Ki-Moon and World Bank president Jim Yong Kim had sent video messages to the conference. In their video messages, Ki-Moon and Kim pledged their substantial support to Nepal reconstruction drive. Annette Dixon, WB vice president for South Asia, had presented introductory remarks on Kim’s message.
The International Conference on Nepal’s Reconstruction 2015 also saw some 300 delegates from 60 nations, development partners, and neighbours including Indian and Chinese foreign ministers.
Finance minister Dr Ram Sharan Mahat, speaking with media in the evening, termed the conference – organised to seek support from the development partners to rebuild the country devastated by the deadly earthquake of April 25 and its aftershocks – a grand success.
"The participation and announcement of support by the development partners were more than expected," Mahat said, adding that the challenge ahead lies in implementation of reconstruction plan effectively.
Likewise, chief secretary Leelamani Poudyal – after the end of business session – also hailed the conference as a success.
In the session chaired by finance minister Mahat National Planning Commission (NPC) vice chair Dr Govind Raj Pokharel presented the PDNA report.
Finance secretary Suman Sharma, on the occasion, apprised the participants of mobilisation of resources, post-quake scenario and implementation process.
Concluding the inaugural session, UN under secretary general Gyan Chandra Acharya said the the conference would become a strong foundation to build better Nepal's future.

41 comments:

Neumec Group said...

Nuemec group will change the way you look mumbai
top leader in real estate mumbai
we have amazing projects for mumbai
go and search for
3 bhk apartments in wadala

Bangalore5 property said...

Nice Blog.,

Any One Want to Buy Apartments, Flats, Villas and individual Houses in bangalore.........:
2BHk Apartments in Bangalore

Century Packways said...

You have shared very nice information regarding this social media. Really I got some new things from here. Packers And Movers In Pune

Anand Agrwal said...

thanks for information about Mumbai project View new residential plus commercial project in Delhi-Ncr which is Wave City Center.
.

Buy Flower said...


Suddenly i found your post very helpful. Thanx for sharing ... I am still waiting for the next post to come.
Delhi Flowers Delivery

Buy Flower said...

Great post!! I love your content and Thank you very much, I have found this info extremely good!
Send Flowers To Bangalore

Easy loans India said...

It is a relief to read such posts. They restore my faith in Humanity.Visit easyloansindia and get the fastrack guide on how to get low cost loans in India.Expert guidance, documentation help, and lot more for free. So get in touch with EasyLoansIndia now.

Geetanjali Chandrashekhra said...

Great work, I appreciates your work. Prestige song of south

Riya Sharma said...

Thanks for sharing such a great article and it’s helpful for everyone. Great Post.
Packers and Movers Bangalore, Local Shifting Relocation and Top Movers Packers Bangalore.
Packers and Movers Bangalore Household @ http://packersmoversbangalore.in/

Packers Movers Ahmedabad said...

WELCOME FOR SERVICES TO PACKERS MOVERS Ahmedabad
Certain tips for a happening relocation People always should prefer the best service providing corporation and not who are cheaper in cost. This because what’s the sense if they are careless towards your belongings at cheaper price? I think your valuable and precious products are won’t be available if broken once and infect they may be more costly than your whole relocation package. If you think that there are not enough options in Ahmedabad Packers And Movers Service field then you are highly mistaken.Movers And Packers Ahmedabad are sitting online to support you in your search of best packing and moving organization available on your need. With this we ensure that they are trustable and answerable to you for your queries and in case of any damage or late delivery.
http://packersmoversahmedabad.co.in/

ritu somani said...

I must say you had done a tremendous job,I appreciate all your efforts.Thanks alot for your writings......Waiting for a new 1...Please visit our wonderful and valuable website-http://packersmovershyderabadcity.in/
http://blog.packersmovershyderabadcity.in/

Shikha verma said...

Generally I don’t read article on blogs, but I would like to say that this write-up very compelled me to take
a look at and do so! Your writing style has been amazed me.
Thank you, very great post.
Please visit our wonderful and valuable website-
http://packersmoverschennai.in/
http://packersmoverschennai.in/packers-and-movers-indian-institute-of-technology-chennai
http://packersmoverschennai.in/packers-and-movers-lloyds-estate-chennai

prekhsha sharma said...

I admire the valuable advice you make available in your expertly written content. I want to thank you for this informative read; I really appreciate sharing this great.
please visit are website..
http://kolkatapackersmovers.in/
http://kolkatapackersmovers.in/packers-and-movers-nadia

Anshika Sharma said...

Thanks for sharing useful information for us.I really enjoyed reading your blog, you have lots of great content.Please visit here:
http://bhubaneswarpackersmovers.in/
Packers And Movers Bhubaneswar based company provided that Movers And Packers Bhubaneswar Services for Office, Home, Local or domestic and commercial purposes.

Raksha Jain said...

Thanks for sharing useful information for us.I really enjoyed reading your blog, you have lots of great content.Please visit here:
http://packersmoversmumbaicity.in/
We are expert in Handling, Movers And Packers Mumbai and Packing & Shifting of Household Goods, Office goods, Commercial Equipment and Car, Logistics and Transportation.

rmworx said...

thanks for providing this information,i will share this with my friends about packers and movers kukatpally
top 5 and best packers and movers kukatpally
packers and movers kondapur
top 5 and best packers and movers kondapur

Kavya Sharma said...

I really enjoyed reading your blog, you have lots of great content.Please

visit here:http://packersmoverspatna.in/
http://packersmoverspatna.in/packers-and-movers-gaya
http://packersmoverspatna.in/packers-and-movers-begusarai
Packers And Movers Patna based company provided that Movers And Packers Patna Services for Office, Home, Local or domestic and commercial purposes.
Packers And Movers Patna

Riya Jain said...

i really like your blog, thanks for share...
please visit are website..
Packers And Movers Bhopal
http://packersmoversbhopal.in/packers-and-movers-indore

Rita Sharma said...

I like your website very much thanks for your share. all the imformation are useful for me,I will come again.Please visit here: Packers And Movers Lucknow
http://lucknowpackersandmovers.in/packers-and-movers-chitrakoot
http://lucknowpackersandmovers.in/packers-and-movers-lucknow-to-bhubaneswar
http://lucknowpackersandmovers.in/packers-and-movers-32-bn-pac-lucknow

Deepa Sharma said...

I must say you had done a tremendous job,I appreciate all your efforts.Thanks alot for your writings......Waiting for a new 1...Please visit our wonderful and valuable website-
@ Top 3 Packers And Movers Free Quote
Provides Movers and Packers India, Packers and Movers India, Moving And Packing, Packing And
Moving, Household Shifting And Office shifting India.
http://3rd.in/packers-and-movers-jhajjar
http://3rd.in/packers-and-movers-karnal

rekha sharma said...

"Enjoyed every bit of your blog article.Really looking forward to read more. Really Cool."
This is the place packers-movers-bangalore.in comes and offers you discover the privilege offering so as to #move organization in Bangalore you free no commitment migration some assistance with quoting of top organizations. We are connected with a percentage of the best moving organizations of Bangalore
http://packers-movers-bangalore.in/

Ari sh said...

I have enjoyed this great info so much. This was really very interesting and helpful to read. packers and movers hsr layout bangalore packers and movers marathahalli bangalore packers and movers btm layout bangalore packers and movers bommanahalli bangalore packers and movers koramangala bangalore packers and movers jp nagar bangalore

Vidyabalan said...

Very good post. I'm facing some of these issues as well..
Happy Easter 2017
valentines day 2017
rose day messages
hug day quotes
happy promise day
Happy Fathers Day quotes

Flats in Khar said...

Great informative Post. I am sharing some more information about a Projects in Mumbai like
Flats in Khar west,
Flats in Borivali west,
Flats in Santacruz west.

robin singh said...


Happy st Patrick's Day Wallpapers
Happy st Patrick's Day Poems
Happy st Patrick's Day Message
Happy Holi 2017
Happy Holi 2017 Message
Happy Holi 2017 Status
Happy Holi 2017 Wallpapers
Happy Holi 2017 Poems
Happy Holi 2017 Shayari In Hindi
Happy Women's Day 2017

robin singh said...

Happy Women's Day Quotes
Happy Women's Day Poems
Happy Women's Day Sayings
April Fools's Day 2017
April Fools's Day 2017 SMS
Easter 2017
Good Friday 2017
SSC CGL 2017
SSC CGL Notification 2017

robin singh said...

Cheap Car Insurance
DONATE CAR FOR TAX CREDIT
CAR INSURANCE QUOTES MN
CAR INSURANCE QUOTES PA
Govt Jobs 2017
Trending News

yuvanraj sharanraj said...

Thanks for sharing your idea.
Packers and Movers Vijayawada
Packers and Movers Kolkata
Packers and Movers Ahmedabad
Packers and Movers Chandigarh

yuvanraj sharanraj said...

Thanks for sharing your idea.
Packers and Movers Vijayawada
Packers and Movers Kolkata
Packers and Movers Ahmedabad
Packers and Movers Chandigarh

hema gayu said...


Thanks for sharing the article...
Packers and Movers Bangalore
Packers and Movers Chennai
Packers and Movers Hyderabad
Packers and Movers Delhi

Rahul Kashyap said...

Packers and Movers Bangalore
Packers and Movers chennai
Packers and Movers delhi
Packers and Movers hyderabad
Packers and Movers kolkata
Packers and Movers mumbai

Salwar UK said...

Exclusive Collection of Salwar Suit And Many More….
We Have Some For You In Your Budget For more….
Eid Mubarak Wishes

Dooiitt Tube said...

Best Outfits For Young ladies, Womens and Girls
We Have Some For You In Your Budget For more…
Plz visit:- salwar Kameez Designer

Dooiitt Tube said...

Have Lovely and Beautiful Salwar Suit And Many More…
We Have Some For You In Your Budget For more…
Plz visit:- Salwar Kameez

priyanshu beautique said...

Information about celebration of Rakshabandhan Festival of India. It tell about the History and Customs of celebrating Rakshabandhan in India.for more..
Plz visit:- Raksha Bandhan Images
Rakshabandhan" or "the tie of protection" is a very pious festival of India. It has been in practice since the ages. This festival helps us to nurture family bonds and our moral duties towards our close ones.for more..
Plz visit:- Rakhi Wishes

Priyanshu Fashion said...

As India celebrates its 70th Independence Day on 15 August 2017, its citizens rejoice celebrating a different kind of freedom - the freedom to travel, explore, and unwind. The Indian citizens are all perked up for a much awaited long weekend during Independence Day.
Please visit Independence Day

India is known worldwide for its rich heritage and cultural beliefs. For the richness and sweetness attained, the country pays tribute to various people who played an influential role in this attainment.
Please visit Independence Day Status

Priyanshu Fashion said...


Happy Independence Day, India - the "land of the free, and the home of the brave"! How well do you remember August 15th? Ask a youngster about the significance of Independence Day, and on that day prime minister of india give speech at red fort.
Please visit Independence Day Speech

Independence Day is celebrated differently and on difference dates around the world. There are fun traditions and ways to take this holiday. Find ideas about Independence Day Images, Quotes, Speech, Wishes, Status and Celebration,etc. For more...
Please visit Independence Day Images

siya patel said...

Designer Sarees is perhaps the desire of every single girl in this world to look amazing on her wedding day.
It is certainly important that the bride must be the star of the show.The most beautiful woman at the wedding venue.
In India,Designer Sarees are the most obvious choice for the Young Ladies.There are many Designer Sarees in our site...
For more...
Plz visit:- Sarees

An adorable personality partnered with a perfect choice for designer Sarees unbeatable.
Even before the blossom of modernization in Indian culture, kurta, sarees, and shalwar kameez had been part of India's unique civilization.
In India,Designer Sarees are the most obvious choice for the Young Ladies.There are many Designer Sarees in our site...
For more...
Plz visit:- Sarees

fenil chohan said...

You can buy from our large and diverse collection of salwar kameez, party wear suits, Bollywood collection, cotton Kurtis, Anarkali suits, Bollywood saree and many other products.....
We Have Some For You In Your Budget For more…
Plz visit:- Lehenga Choli

Priyanshu Fashion said...



Ganesh Chaturthi is a ten-day festival, it starts on the fourth day of Hindu luni-solar calendar month Bhadrapada, which typically falls in Gregorian months of August or September. Ganesha Chaturthi is celebrated with much fervor and joy in the states of Maharashtra, Goa, Kerala and Tamil Nadu.
Please visit Ganesh Chaturthi

Lord Ganesha's homecoming is celebrated in the month of Bhadra, according to the Hindu Luni-Solar calendar, which typically falls in the months of August or September. Ganesha Chaturthi 2017 will begin on 25th August and end on 5th September.
Please visit Ganesh Chaturthi 2017

Dooiitt said...

Anarkali dresses have been in vogue for quite some time now and promises to stay the favorite of all girls and ladies for a long time in future too. So, shop online for designer Anarkali suits and avail them at best prices from brands like Libas,Aurelia and many more.
Please visit Anarkali Suit