Nepal seeks funds to get back on its feet

Nepal needs immediate aid to help the country foster its sudden restoration of democracy, the new deputy PM said today.

Nepal needs immediate aid to help the country foster its sudden restoration of democracy, the new deputy PM said today. ‘‘Nepal now needs some financial support for the immediate effort but not long-term projects,’’ said Deputy PM Khadga Prasad Oli. ‘‘We need some support to get the country back to its feet, get the country rolling again.’’

The country faces a number of pressing issues, from holding peace talks with the Maoists to kick-starting the economy, rewriting the constitution and undoing all of the autocratic actions taken after King Gyanendra grabbed power in February 2005.

Some good news came today when Norwegian Development Cooperation Minister Erik Solheim announced that Norway was restoring its annual $25 million aid package for Nepal. ‘‘We have decided to immediately restore aid to this level to show immediate support to this new government…(and) their peace effort with the Maoists,’’ said Solheim.

outside the RJD party office in Patna on Friday. Partners of the alliance filed nomination papers for all 121 seats going to polls in the first phase – the total strength of the Bihar House is 243 – while talks continued to end the deadlock over seats.

Mahagathbandhan parties fail to seal Bihar pact, field own candidates for Phase 1

Political Pulse2 hr ago

Opposition Mahagathbandhan in Bihar failed to announce a seat-sharing pact as nominations closed for the first phase of Assembly elections. Talks are ongoing to end the deadlock over seats, with over a dozen constituencies still in dispute. The alliance has released lists of candidates, with RJD reportedly contesting 130-135 seats and Congress around 60.

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