Kathmandu. The government is preparing to seek help from donor agencies to rebuild the structures damaged by the Gen-G movement. According to the Ministry of Finance, due to the pressure of resources, preparations are being made to take resources from development partners for reconstruction.

The Ministry of Finance has planned to take diplomatic initiatives to mobilize contributions from development partners and non-resident Nepali community in the reconstruction. The federal government alone is spending Rs 4.34 billion in the current fiscal year to rebuild the structures damaged by the Gen-G movement.

According to the report, Rs 10.18 billion will have to be spent annually in the next two years. Similarly, the state government is spending Rs 812.5 million in the current fiscal year and Rs 1.46 billion annually in the next two years.

It starts at the local level. v. The government plans to spend Rs 1.42 billion in the next two years and Rs 3.21 billion in the next two years. The government has adopted austerity policies such as curtailing small and fragmented projects to raise resources for reconstruction, the federal government will not allow projects smaller than Rs 30 million, and strict the purchase of vehicles.

The Ministry of Finance has started discussions with the donor agencies regarding the lack of resources for the reconstruction. The half-yearly review report released by the Ministry of Finance recently said, “Diplomatic initiatives will be made to mobilize contributions from development partners and non-resident Nepali community in the reconstruction work.” According to a report prepared by a committee headed by the Secretary of the National Planning Commission, the Gen-G movement has caused a total loss of property worth Rs 84.45 billion.

The government and public sector were estimated to have suffered losses of Rs 44.93 billion while the private sector was estimated to have suffered losses of Rs 33.54 billion. Of the Rs 36.30 billion required for the reconstruction of buildings by the government sector, Rs 19.98 billion has been allocated for the reconstruction of buildings.

The government’s Damage Reconstruction Action Plan has laid emphasis on maximum mobilization of internal resources, coordination among all three tiers of government and construction of disaster-resilient infrastructures. A target has been set to repair the structures that suffered minor damage from the budget of the current fiscal year and to complete the reconstruction of the partially or fully damaged structures within three years.