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This story is from July 12, 2006
Nepal price tag for peace: $2 billion
Girija Prasad Koirala govt announced a $2-billion annual budget geared towards institutionalising the govt-Maoist peace process.
KATHMANDU: On a day Nepal's prime minister Girija Prasad Koirala returned home from hospital, his government announced a $2-billion annual budget geared towards institutionalising the government-Maoist peace process.
The international community, including India, is expected to play a major role in financing the peace process. Finance minister Dr Ram Sharan Mahat, unveiling the budget for fiscal 2006-07 in parliament on Wednesday, said that the budget would be focused towards the peace process and helping ease the Maoist rebels into normal life.
"Demobilisation, decommissioning of Maoist arms and reconstruction will be a priority for this government," Mahat said.
Mahat also said that another top priority would be to prepare and hold constituent assembly elections as agreed between the government and Maoists.
Though dates for the polls have not been announced, government officials say that the polls could be conducted in a year from today.
International donors, who play a major role in Nepal's development efforts, are expected to open the purse strings to finance the peace process.
The international community, including India, is expected to play a major role in financing the peace process. Finance minister Dr Ram Sharan Mahat, unveiling the budget for fiscal 2006-07 in parliament on Wednesday, said that the budget would be focused towards the peace process and helping ease the Maoist rebels into normal life.
"Demobilisation, decommissioning of Maoist arms and reconstruction will be a priority for this government," Mahat said.
"But we also need international support to accomplish these ambitious tasks."
Mahat also said that another top priority would be to prepare and hold constituent assembly elections as agreed between the government and Maoists.
Though dates for the polls have not been announced, government officials say that the polls could be conducted in a year from today.
International donors, who play a major role in Nepal's development efforts, are expected to open the purse strings to finance the peace process.
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