Prime Minister’s Disaster Relief Funds Reach Rs 16.15 Billion After Bhote Koshi Floods
Summary
Contributions to Nepal’s disaster relief funds have climbed to Rs 16.15 billion after the Bhote Koshi floods in Rasuwa. The government has already released Rs 1 billion to support flood- and landslide-affected areas.
Key Points
- The Prime Minister’s Natural Disaster Rescue Fund and Prime Minister’s Relief Fund have reached a combined balance of Rs 16.15 billion after the Bhote Koshi floods.
- About Rs 12.05 billion is held in the Natural Disaster Rescue Fund across nine commercial banks.
- USD accounts at Himalayan Bank and Laxmi Sunrise Bank hold a combined balance of about USD 27.1 million.
- The government has already released Rs 1 billion for relief in flood- and landslide-affected areas.
