Nepal | September 28, 2020

US pledges Rs 8 billion support for Nepal

Himalayan News Service
Share Now:

KATHMANDU: The Unites States has said it will invest at least $77.47 million (approximately Rs 8 billion) as development grant in Nepal for the year 2015.
According to the latest data shared by the US Embassy in Kathmandu, at least $15.45 million has already been extended while remaining $59.77 million will be provided within the next six months.

The fund is to be invested in six clusters namely peace and security; democracy, human rights and governance; health; education and social services; economic development; and environment, according to the embassy and it will be channelised through USAID, Peace Corps and Millennium Challenge Corporation.

The US government’s humanitarian assistance provided after the April 25 earthquake is not included in it.

According to USAID Nepal, a total of $47 million, including $14.3 from the US Department of Defence, was extended as emergency response for Nepal after the quake.

A much as $40.20 million, the majority of the support, was given to the health cluster which accounts for 52 per cent of the total annual grant.

The fund was also provided for democracy, human rights and governance ($13.94 million), economic development ($10.16 million), peace and security ($7.68 million), environment ($4.50 million) and education and social services ($1 million), as per the data at an official US foreign assistance portal.

Nevertheless, the support for 2015 will be less than the US government’s annual grant extended to Nepal during the past four years. The US had provided $81.18 million in 2014, $90.05 million in 2013, $95.40 million in 2012, and $88.96 million in 2011, according to the data of the US Embassy in Kathmandu.

US annual grants in these four years were bigger because a large chunk of support was allotted for accomplishing the tasks of the peace process in Nepal, officials said.

“The primary goal of US assistance in Nepal is to support a successful transition to a more democratic, prosperous, and resilient country,” a US Congressional Budget Justification for FY 2015 report stated.

“The new Constituent Assembly must now prove that it can accomplish what the previous Constituent Assembly could not. It should be able to draft a new federal constitution, hold local elections and put Nepal on the path towards greater economic prosperity,” the report added.

Besides, the US assistance has been focused on expanding the public health system, improving nutrition and raising the incomes of the rural poor, building resilience to changing environmental conditions while safeguarding the country’s rich biodiversity.

United States has pledged $35.4 billion assistance for over 100 countries for the year 2015. The top five recipient countries include Israel ($3.1 billion), Afghanistan ($1.59 billion), Egypt ($1.5 billion), Pakistan ($882 million) and Nigeria ($720 million).

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Worldwide coronavirus cases cross 32.75 million, death toll at 990,472

LONDON: More than 32.75 million people have been reported to be infected by the novel coronavirus globally and 990,472​ have died, according to a Reuters tally. Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 20 Read More...

More handball controversy as Newcastle earn late point at Spurs

LONDON: Another controversial handball decision gave Newcastle United a stoppage-time equaliser by Callum Wilson from the penalty spot and a 1-1 draw at Tottenham Hotspur in the Premier League on Sunday. Spurs had led through a 25th-minute Lucas Moura goal and Newcastle had not managed a shot on Read More...

Bayern suffer 4-1 loss at Hoffenheim to end long unbeaten run

BERLIN: Quadruple winners Bayern Munich slumped to a shock 4-1 loss at Hoffenheim in the Bundesliga on Sunday to end their 32-match unbeaten run in all competitions stretching back to last year. Bayern, winners of the Super Cup against Sevilla after extra time on Thursday, had not lost since Dec. Read More...

leicester city, Jamie Vardy

Vardy treble inspires Leicester to 5-2 win over Man City

MANCHESTER: A Jamie Vardy hat-trick coupled with goals from James Maddison and Youri Tielemans steered Leicester City to a stunning 5-2 win at Manchester City on Sunday and kept them top of the Premier League with a maximum nine points from three games. City had not conceded five go Read More...

Prominent personalities urge govt to save Dr KC

KATHMANDU, SEPTEMBER 27 A group of 33 citizens, who once held prominent positions, have urged the government to save the life of Dr Govinda KC, who has been staging a fast-unto-death demanding reform in the medical education sector for the past 14 days. Issuing a joint press release today they Read More...

La Liga, barcelona, Lionel Messi

Messi back in scoring business in dream start for Koeman

BARCELONA: Lionel Messi was back in scoring business for Barcelona on Sunday, leading them to a resounding 4-0 win at home against Villarreal in a near-perfect La Liga opener for the Catalans under new coach Ronald Koeman. Teenage forward Ansu Fati was in inspirational form for Barca, c Read More...

Atletico Madrid, Luis Suarez, La Liga

Suarez scores twice, gets assist as Atletico lay down marker

MADRID: Luis Suarez had a stunning impact on his debut for Atletico Madrid following his move from Barcelona, scoring twice and providing an assist as his side crushed Granada 6-1 at home in their first game of the La Liga season on Sunday. Suarez, who only completed his switch from Barc Read More...

Replace all Cabinet ministers: NCP Co-chair Dahal

KATHMANDU, SEPTEMBER 27 Co-chairs of the ruling Nepal Communist Party (NCP) — Pushpa Kamal Dahal and Prime Minister KP Sharma Oli — met today to discuss Cabinet reshuffle. A source close to Dahal told THT that Dahal asked Oli to replace all the ministers in his Cabinet, but the PM did not Read More...