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
- In Public Interest Covid-19 cases are low, but that’s not an excuse to avoid vaccination
- In Public Interest What is BF.7, the sub-variant that has the world by its grip?
- In Public Interest Threat of a new Covid-19 wave looms large amid vaccine shortage in Nepal
- In Public Interest As cases decline, Covid-19 test centres in Kathmandu are desolate lot
- In Public Interest Dengue test fee disparity has patients wondering if they’re being cheated
- In Public Interest As dengue rages on, confusion galore about what it is and what its symptoms are. Here’s what you need to know
In Public Interest
Covid-19 cases are low, but that’s not an excuse to avoid vaccination
The Pfizer-BioNTech bivalent vaccines authorised by the Nepal Government provide better protection a...
Read More
- What is BF.7, the sub-variant that has the world by its grip?
- Threat of a new Covid-19 wave looms large amid vaccine shortage in Nepal
- As cases decline, Covid-19 test centres in Kathmandu are desolate lot
- Dengue test fee disparity has patients wondering if they’re being cheated
- As dengue rages on, confusion galore about what it is and what its symptoms are. Here’s what you need to know