Chinese funds for disaster relief and monitoring project sent to Treasury

The People’s Republic of China has provided financial assistance totalling Rs.30 million to compensate for damage to houses and properties caused by natural disasters from January 1 to October 30, 2024. This amount has been forwarded to the Treasury.

In addition, the Department of National Budget has allocated further financial provisions to the Defence Ministry for the reconstruction of homes affected by the disasters. The Department of Treasury Operations has released these funds to the Defence Ministry.

These additional provisions were necessary because the 2024 budget did not include adequate funds to address the needs of disaster victims.Furthermore, material assistance worth 10 million Yuan is expected from the People’s Republic of China under the Emergency Humanitarian Assistance Programme. The goods will be properly accounted for and distributed once received.

Finally, steps have been taken to ensure the timely disbursement of compensation for damaged homes and properties, as well as the swift completion of reconstruction and renovation efforts, through the Disaster Relief and Monitoring Project.

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