Kathmandu: The Finance Ministry has approved Rs 18.88 billion for the reconstruction of 26 infrastructure projects, including roads and bridges, damaged by the floods and landslides in late September.
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel finalized the resource agreement on Wednesday after a request from the Ministry of Physical Infrastructure and Transport on February 16. According to ministry officials, the allocated funds will be used to rebuild 13 roads and 13 bridges across the country, including major highways such as BP Highway, Mechi Highway, Araniko Highway, and Kanti Highway.
In addition, the Finance Ministry has also authorized the National Disaster Risk Reduction and Management Authority to establish a temporary office and create necessary positions to expedite the reconstruction of structures affected by the Jajarkot earthquake.
The decision comes as part of the government’s effort to restore critical infrastructure and ensure connectivity in disaster-affected regions.