Nepal earthquake recovery aid: Commitments and disbursements
Injina Panthi / August 16, 2018
A settlement in Langtang, Rasuwa after the earthquake’s devastation, pictured a year later in 2016.
After the 2015 earthquakes, Nepal government had organized ‘International Conference on Nepal’s Reconstruction -2015’ to raise foreign aid for post-earthquake recovery. At the conference, Nepal’s development partners pledged financial assistance amounting to US$ 4109.52 million. According to the Development Cooperation Report, 2016/2017 published by the Ministry of Finance following are the pledged, committed and disbursed amounts by various development partners:
Figures are in millions of US dollars
| Development Partners | Pledge
(made during ICNR 2015) |
Commitment
Made up to 20 February,2017 |
Pledging Vs Commitment percentage | Disbursement in FY 2015-16 | Disbursement in FY 2016-2017 | Total Disbursement | Commitment Vs Disbursement Percentage |
| Asian Development Bank | 600 | 215 | 36% | 18.43 | 14.98 | 33.41 | 16% |
| Australia | 4.64 | – | 0% | 4.77 | 0.00 | 4.77 | N/A |
| Austria | 1.20 | – | 0% | – | – | – | – |
| Bangladesh | 0.50 | – | 0% | – | – | – | – |
| Canada | 10.50 | – | 0% | – | – | – | – |
| China | 766.93 | 766.93 | 100% | 10.67 | – | 10.67 | 1% |
| European Union | 117.48 | 118.37 | 101% | 6.68 | 57.95 | 64.63 | 55% |
| Finland | 2.24 | 1.12 | 50% | – | 0.42 | 0.42 | 37% |
| Germany | 33.57 | 34 | 101% | – | 3.97 | 3.97 | 12% |
| International Monetary Fund | 50 | 50 | 100% | – | – | – | – |
| India | 1400 | 1000 | 71% | – | – | – | – |
| Japan | 260 | 247.07 | 95% | 10.35 | 55.77 | 66.12 | 27% |
| The Netherlands | 26 | – | 0% | ||||
| Norway | 15.97 | – | 0% | 2.18 | 1.81 | 3.99 | N/A |
| Pakistan | 1 | 0% | |||||
| Republic of Korea | 10 | 8.40 | 84% | 5.70 | 1.51 | 7.21 | 86% |
| Saudi Fund | 30 | – | 0% | – | – | – | – |
| Srilanka | 2.50 | – | 0% | – | – | – | – |
| Sweden | 10 | 0% | |||||
| Switzerland | 25 | – | 0% | 7.72 | 2.61 | 10.33 | N/A |
| Turkey | 2 | 0% | – | – | – | – | |
| UK(DFID) | 110 | 165.50 | 150% | 9.96 | 25.23 | 35.18 | 21% |
| USA | 130 | 159.82 | 123% | 14.38 | 23.66 | 38.04 | 24% |
| World Bank | 500 | 300.00 | 60% | 63.61 | 137.48 | 201.09 | 67% |
| Grand Total | 4109.52 | 3066.21 | 75% | 154.43 | 325.39 | 479.83 | 16% |
The government of India disbursed the first tranche of pledged economic support amounting Rs 2.143 billion in August 2018. China, India, Asian Development Bank, and World Bank are the largest contributors in terms of the amount pledged for post-earthquake reconstruction. According to the report, out of the total committed amount only 16 percent amounts have been disbursed.
This material is copyrighted but may be used for any purpose by giving due credit to southasiacheck.org.
Comments
Latest Stories
- Fact Check Shashank Koirala significantly understates Nepal’s arable land area
- Fact Check PM’s suggestion of salt water gargle as home remedy for Covid is misleading
- Fact Check Old photo photoshopped to show Indian flag in February 10 demonstration
- Fact Check PM made four false claims in two recent speeches
- Fact Check PM wrong in saying Bimala Tamang won gold in 2014 Asiad
- Fact Check Writer Wagle grossly misquoted in viral meme
In Public Interest
Scientists worldwide in desperate search for COVID-19 drug
South Asia Check has gathered insights on the trials and investigations for vaccines and drugs to tr...
Read More
- Six things to know for cannabis legalization in Nepal
- Women ministers in Nepal
- Brace yourself for toxic winter air
- Nepal has no technology to test alleged use of oxytocin in fruits and vegetables
- Nepal is among 25 countries that deny women right to pass on citizenship to children independently