THT ONLINE

According to the Embassy, the projects will be implemented through the US Agency for International Development (USAID). 

The Embassy said two additional projects will be launched focusing on resilience from natural disasters besides the US Dollar 70 million-worth 'Community Resilience Programme'. 

The American Embassy will spend around US Dollar 500,000 in 'Innovative Early Warning Flooding System' and around US Dollar 100,000 in 'Science and Technology Competition for Resilience.' 

The American mission had announced the support at a Resilience Summit organised in Kathmandu. 

Speaking at the Summit, US Ambassador Peter W Bodde, said, “Resilience is essential if we are to win the fight against poverty."

"We know we cannot prevent floods and landslides," said the Ambassador, "but we can work much harder and more strategically to ensure these shocks don’t devastate families or set back hard-won development gains.”

Speaking at the function, Vice Chairman of the National Planning Commission (NPC) Govinda Pokhrel said that the Government of Nepal also sees disaster sees resilience as "a vital framework to help alleviate poverty and promote more sustainable development, lessening the impacts of disasters."

The Summit had brought together government officials and development experts to look for new models to solve complex and interrelated challenges including extreme poverty, food security, and climate shocks.

- See more at: http://www.thehimalayantimes.com/fullNews.php?headline=US+to+provide+%2470+mln++to+Nepal+for+disaster+resilience+&NewsID=426265#sthash.621u4xeT.dpuf

http://www.thehimalayantimes.com/fullNews.php?headline=US+to+provide+%2470+mln++to+Nepal+for+disaster+resilience+&NewsID=426265

एक मिल्लन मात्रै पनि पिडितको उद्दारको लागि उपोयोग भये कति. सबै साला नेताले खानी त हो.

US takes loan and tries to help other countries. Debt is 17 T now.
Anyway, good for Nepal. Who cares about US's debt. All US wants is just to influence the world.

Anyway US does not use gold to print the money. At the end what can China do. US will say, I will give you Alaska and that's it. All the loan is settled. LOL. This loan is nothing for US and its economy where most of the loan is from the social security which it can always refuge to pay to its citizens.