PM’s Relief Fund balance exceeds 16.15 billion NPR

Financial contributions continue to pour into the Prime Minister’s Natural Disaster Rescue Fund and the Prime Minister’s Relief Fund following the August 26 floods in the Bhote Koshi River in Rasuwa.

According to the Office of the Prime Minister and Council of Ministers, the balance in the fund has reached Rs 16.15 billion.

The balance held across nine commercial banks for the Prime Minister’s Natural Disaster Rescue Fund stands at Rs 12.05 billionwhile the US dollar accounts held at Himalayan Bank and Laxmi Sunrise Bank contain a total of USD 27.1 million It may be noted that the government has already disbursed Rs 1 billion from the accumulated funds to assist flood-affected areas. (RSS)