KATHMANDU: A Cabinet meeting on Sunday endorsed an ordinance on the formation of Reconstruction Authority in the wake of devastating April 25 earthquake and its aftershocks.

The ordinance will now be sent to the President for certification.

The Authority, which will be chaired by the Prime Minister, is being set up prior to the international donors' conference, scheduled for June 25, which aims at seeking support from the international communities to rebuild Nepal.

When the ordinance is certified, Prime Minister Sushil Koirala will nominate four ministers and three experts as members of the high-level body, according to Minister for General Administration Lalbabu Pandit.

Likewise, Vice-Chairperson of the National Planning Commission and Chief Secretary will be members of the Authority.

The post-earthquake Reconstruction Authority will have a chief executive officer also. It will oversee all reconstruction works in the earthquake-hit districts where physical infrastructures have been damaged.

Earlier Deputy Prime Minister Bamdev Gautam informed that there will be a separate committee of foreign consultants that would be constantly supporting the Authority in its job.

According to the government's assessment, the tremors caused damage worth Rs 513.38 billion to physical infrastructure and assets, and inflicted income loss of another Rs 187.08 billion.

The government has set the target to collect more than Rs 666 billion in assistance from the international donors for the post-earthquake reconstruction, rehabilitation and rebuilding.

 Objectives of International Conference on Nepal’s Reconstruction

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