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earthquake | Nepali Economy
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Tag Archives: earthquake

Kaski landslides claims 30 lives

The death toll from landslides and flooding – due to torrential Monsoon rains in various villages of Kaski district – has climbed to 30. Some 23 – including seven of a family – died while six others went missing at

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

Budget focuses on economic revival, implementation challenging: Mahat

Finance Minister Dr Ram Sharan Mahat asserted that budget for the next fiscal year 2015-16 is focused on economic recovery and reconstruction but also accepted that full implementation is a challenging task. The fiscal policy will help economic recovery and

Finance minister unveils post earthquake reconstruction budget of Rs 819.47 billion

Finance Minister Dr Ram Sharan Mahat today presented a post-disaster reconstruction budget of Rs 819.47 billion for the next fiscal year 2015-16. Presentation the budget at the Legislature Parliament, Mahat said that budget for the next fiscal year is 32.6

Lonely planet recommends trekking in Annapurna Region

World’s leading travel guide ‘Lonely Planet’ has included Annapurna Region in its list of ‘Best Places to Travel in October 2015’. Saying that one can gain some serious altitude in Nepal, Lonely Planet has suggested going trekking to Annapurna Region

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

Himalayan Bank, Habib Bank each donate Rs 10 million

Himalayan Bank has provided Rs 10 million to Prime Minister’s Relief fund as a contribution of the bank to the victims of devastating earthquake of April 25. Likewise, the bank’s joint venture partner Habib Bank, Pakistan has also provided Rs

Budget to focus on reconstruction: Finance minister Mahat

The government is focusing on reconstruction in the next fiscal year’s budget. The government is all set to prioritise economic dynamism, rehabilitation and reconstruction of quake-ravaged structures, promotion of good-governance, development of energy, and modernisation of agriculture sector in the

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

Bad weather, rugged terrain caused US chopper crash in Nepal: Army

Bad weather and rugged terrain of Himalayan region caused crash of a US military helicopter distributing aid to victims of earthquake in Nepal in May, according to the probe report. “Because of the terrain and bad weather the helicopter collided

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

Probe ponel reveals WFP supplied damaged rice

A parliamentary investigation concluded that rice supplied by the United Nations World Food Programme (WFP) – to earthquake victims in Larpak of Gorkha district – was substandard. The WFP officials had distributed substandard rice to the earthquake victims in Gorkha

President, PM discuss ordinance on reconstruction authority

President Dr Ram Baran Yadav and Prime Minister Sushil Koirala today held discussions at the former’s official residence at Shital Niwas on proposed high level authority for reconstruction. During the meeting, they talked about the preparation on bringing an ordinance