Kathmandu, Dec 7: The Ministry of Finance has released Rs 33 billion to the National Reconstruction Authority (NRA) for the reconstruction of the structures devastated by the 25 April 2015 earthquake.
Deputy Prime Minister and Minister for Finance Affairs Krishna Bahadur Mahara said additional Rs 28 billion was released to distribute private housing grants and Rs 4 billion for renovation of school building in a way to mobilize the reconstruction fund.
Likewise, Rs 750 million was released for the reconstruction of government buildings in the quake-hit districts and Rs 250 million for distributing compensation of lands, said NRA Spokesperson Ram Prasad Thapaliya.
The Ministry has expected that the release of the money would ease mobilization of resources for the reconstruction of school building, government structures and roads.
The resource availability has been ensured to carry forward the reconstruction works and additional funding would be provided based on the progress, NRA Spokesperson Thapaliya quoted Finance Minister Mahara as saying. RSS
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