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Category Archives: Development

Spend budget sufficiently on time: Mahat

Finance Minister Dr Ram Sharan Mahat today directed secretaries of different ministries to sufficiently spend the allocated budget on time to get the desired result. Addressing the secretaries at the Finance Ministry, he urged them to make the ‘Budget Implementation

President pardons Pandey

President Dr Ram Baran Yadav today pardoned former Federation of the Nepalese Chambers of Commerce and Industry (FNCCI) president Pradeep Jung Pandey. The President’s press advisor Rajendra Dahal confirmed that Pandey is among 21 persons granted pardon by the President

Nepal could lose funding, ADB warns

Asian Development Bank (ADB) today warned of cutting off the funds, if the government doesnot increase efficiency in spend on development projects. Addressing Tripartite Portfolio Review Meeting – between ADB headquarter, Nepal Resident Mission and governmet – director general Hun

Government to restart plastic-free campaign in Kathmandu

The government is again launching a campaign to make Kathmandu Valley a plastic-free. Department of Environment under the Science, Technology and Environment Ministry today said that the campaign – launched by the government to make the capital a beautiful city

After three months of devastating earthquake, children still express fears and insecurity

The children are – after three months of devastating earthquake – still feeling insecure “Nearly 2,000 children, who survived the earthquakes have expressed fear and insecurity at having to live in tents and overcrowded shelters, anxiety about the risks to

Experts suggest government to enforce building code

A team of structural engineers recommended the government to strictly enforce building code as only preparing building code is not enough to save the lives in disaster. The team from the US with global expertise in disaster assessment analysing the

Experts focus on resilient livelihoods

Policymakers said that reconstruction and rehabilitation works – post April 25 devastating earthquake – should focus on promoting resilient livelihoods. “Livelihood recovery strategy must not only redress the damage caused by the earthquake, but it must also help build the

Government to present budget for next fiscal year on July 14

The government is going to present the budget for the next fiscal year 2015-16 on Tuesday. Finance secretary Suman Sharma confirmed that finance minister Dr Ram Sharan Mahat is presenting the budget for the next fiscal year in the Legislature-Parliament

UNICEF aids in scaling up interventions to combat risks of malnutrition

Two months after the first of two major earthquakes hit Nepal, UNICEF is supporting the Ministry of Health and partners to accelerate delivery of essential nutrition services to over 500,000 children and women in the 14 most affected districts through

WFP vows to continue support

After the parliamentary committee and government sought the explanation on a high UN official’s comment on Nepali media, the WFP came defensive today and said it would continue supporting the people of Nepal, even though it has been dragged into

UN rejects allegation of distributing substandard food in Nepal

The UN today rejected media reports that World Food Programme (WFP) has distributed substandard food to the survivors of devastating earthquake on April 25 and subsequent aftershocks. “It is totally wrong and nonsense to make allegations by the local media

Nepal signs framework agreement of China-led AIIB

Nepal has become the founding member of Asian Infrastructure Investment Bank. Nepal, alongwith 50 countries across Asia, Australia, Europe and South America, signed article of agreement of the Asian Infrastructure Investment Bank in Beijing today. Though, some 57 governments have expressed

Asian Infrastructure Investment Bank to born tomorrow

One of China’s biggest ever foreign policy successes will take concrete shape tomorrow when delegates from 57 countries including Nepal sign an agreement on Asian Infrastructure Investment Bank (AIIB) in Beijing. It will create a legal framework for the existence

IMF refuses debt relief for Nepal

International Monetary Fund (IMF) has refused debt relief for Nepal as it has not met all the criterion for the debt relief. IMF spokesperson Gerry Rice today said that Nepal will not receive debt relief from a special IMF trust

UNDP Asia-Pacific chief congratulates Nepal on holding a successful rebuilding conference

UN Assistant Secretary General and UNDP Regional Director for the Asia-Pacific Haoliang Xu has congratulated Nepal on holding a successful conference on rebuilding Nepal in the aftermath of a powerful earthquake that struck Nepal on April 25. The rebuilding conference

Canada announces additional humanitarian support in response to Nepal earthquake

Canadian minister of International Development and La Francophonie Christian Paradis announced yesterday that the Government of Canada will provide an additional Canadian dollar $13 million in humanitarian assistance to support the continued relief efforts underway by experienced Canadian and international

Health of quake survivors at risk without regular services: WHO

The World Health Organisation (WHO) showed serious concern on health of earthquake survivors. The health of people, who survived the devastating earthquakes could be at risk, if regular services were not rebuilt and restored on a priority and sought the

Development partners pledge more than half Nepal’s need

Development partners – including both multilateral and bilateral – today pledged $4.4 billion in aid that is almost two-third the Post Disaster Need Assessment (PDNA) estimation for the reconstruction of Nepal. According to preliminary estimation of PDNA, Nepal needs Rs