• Nepal PM appeals for $6.7B quake aid


    KATHMANDU: Nepal’s prime minister pledged Thursday to ensure that all aid would reach quake victims, seeking to allay fears over corruption and red tape as he appealed for funds at a meeting of international donors in Kathmandu.

    Nepal says it needs around $6.7 billion to recover from the April disaster, which killed more than 8,800 people, destroyed nearly half a million houses and left thousands in need of food, clean water and shelter.

    But some international donors have been slow to pledge money, concerned that bureaucracy and poor planning will prevent it from being used efficiently.

    Prime Minister Sushil Koirala urged delegates including foreign ministers from regional superpowers China and India as well as World Bank, UN and EU officials to “work with us, the government of Nepal.”

    “In an environment of good faith, I assure you that we will (leave) no stone unturned in ensuring that the support reaches the intended beneficiaries… because we are accountable to our own citizens,” he said as he opened the one-day meeting.

    India’s Foreign Minister Sushma Swaraj pledged $1 billion to finance reconstruction as the meeting got under way. She said around one quarter of the money would be grants, but did not specify what form the rest would take.

    The World Bank has already pledged up to $500 million for reconstruction.

    Nepal—one of the world’s poorest countries even before the quake—desperately needs assistance to rebuild homes, schools and hospitals destroyed or damaged by the April 25 earthquake and a strong aftershock on May 12.

    The country’s already weak economy has been hard hit by the disaster, with annual growth forecast to fall to just three percent, the lowest in eight years.

    The government wants all aid to be channeled through a new state body being set up to ensure a coordinated response to rebuilding.

    But experts say Kathmandu has so far failed to lay out a clear set of plans.

    “What is lacking right now is a clear strategy . . . the government needs to come up with a credible plan to implement reconstruction projects within a stipulated time,” said Chandan Sapkota, economist at the Asian Development Bank’s Nepal office, ahead of the meeting.

    “If it fails to incorporate a robust checks and balances system, the government will lose credibility.”



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