US government proposes USD 64 million aid to Nepal
US government proposes USD 64 million aid to Nepal
In his annual budget sent to the Congress for the 2016-2017 fiscal year
beginning October 1, 2016, Secretary of State John Kerry proposed a USD
64 million for Nepal in economic support fund (ESF) as against just
actual 14.5 million in 2015.
Additionally, US assistance will be used to improve resource management, adaptation to climate change and protect biodiversity.
ESF
will also be used to strengthen national disaster institutions in order
to increase Nepal's preparedness and response to future natural
disasters, it added.
In addition, the State Department has proposed USD 39.7 million for Nepal for the USIAD's global health programs.
The
deadly temblors that took place last year in April and May killed
nearly 9,000 people and completely destroyed around 6,00,000 private
houses, affected livelihoods of about 5.6 million workers and caused
damage and losses worth around USD 7 billion.
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