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Tag Archives: NPC

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

Empty house discusses budget

Lawmakers today criticised the budget for the next fiscal year 2015-16 presented by finance minister Dr Ram Sharan Mahat in the House yesterday. Taking part in the discussions on the estimated statement of income and expenditure for the next fiscal

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

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

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

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

Donor conference to chalk out plan for reconstruction

The devastating earthquake of 7.8-magnitude that shook the country on April 25, and the numerous aftershocks that followed, left the country with losses amounting to a third of the total economy. With the National Planning Commission prepared Post-Disaster Needs Assesment

Planning commission to showcase resilient home designs

Department of Urban Development and Building Construction, in association with some non-governmental organisations (NGOs), is showcasing some 25 designs of earthquake-resilient houses suitable for rural areas during the donors’ conference on June 25. The houses will be constructed using local

Country needs Rs 666 billion for reconstruction

The country needs more than the current fiscal year’s budget to reconstruct the damaged infrastructure by the devastating earthquake of 7.8-magnitude on April 25. The preliminary report of Post Disaster Needs Assessment (PDNA) has estimated some Rs 666.31 billion ($6,663.1

Donors’ conference in Kathmandu on June 25

The government has decided to hold international donors’ conference in Kathmandu on June 25. The cabinet meeting today, apart from fixing the date, formed a committee led by finance minister Dr Ram Sharan Mahat to hold the national conference of

Nepal asks UNESCAP to support post-quake reconstruction

Nepal has asked the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) to help the country in reconstruction efforts in the aftermath of the devastating earthquake on April 25 and minimising the risks of disasters in

Planning commission ready with short-term reconstruction plan

National Planning Commission (NPC) will submit plan for resettlement – for the earthquake-displaced people – and reconstruction of collapsed structures within this week. NPC vice chair Dr Govinda Raj Pokhrel today said that the plan will be forwarded to the

Budget to shift focus to reconstruction, also to cross ceiling

The government – in the next fiscal year’s budget – is going to shift its priority to reconstruction, after the devastating earthquake on April 25. The government will have to add rescue, relief, reconstruction and rehabilitation in the next fiscal

Next budget to focus on reconstruction

The government is adding new dimension in the next fiscal year’s budget apart from concentrating more on reconstruction. The next fiscal year’s budget will focus on reconstruction as the earthquake on April 25 damaged lost of infrastructure including roads, buildings

Nepal slowly opening: World Bank

The World Bank senior official hailed Nepal’s progress in creating openness and transparency, apart from strengthening institutions. “Nepal has achieved considerable progress in recent years, despite a challenging environment,” World Bank Nepal country director Johannes Zutt said, during a Knowledge

Investment Board asks Finance Ministry to clarify on incentive

Investment Board of Nepal asked the Finance Ministry to clarify on cash incentive to GMR Group, the developer of 900-MW Upper Karnali hydroelectric project. The board has asked us to clarify on Rs 5 million cash incentives for every megawatt

Planning Commission in revamp mood

National Planning Commission (NPC) decided to form committees that will suggest revamp in organisational structure, and also to monitor development projects throughout the nation. A meeting of the commission yesterday chaired by Prime Minister Sushil Koirala at his official residence

Government spent 70 per cent capital budget in last two months

As usual, the government has spent 70 per cent of the capital expenditure in the last two months of the last fiscal year, despite the timely budget. Over the last six fiscal years – from fiscal year 2008-09 to fiscal