Government issues COVID-19 fund directive

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Kathmandu, April 11

The Government of Nepal has issued the COVID-19 Infection Prevention, Control and Treatment Fund Directive for funding monetary sources within the struggle in opposition to novel coronavirus.

The directive gives steerage for the operation of the COVID-19 Infection Prevention, Control and Treatment Fund, established as per the choice of the March 22 assembly of the Council of Ministers.

According to the directives, the fund goals to acquire medicine and medical tools, develop infrastructure to handle individuals contaminated with virus, mobilise vital human sources and distribute aid supplies to the needy individuals.

Amounts acquired from the Government of Nepal, provincial governments, native governments, overseas governments, establishments/ organisations or individuals, governmental and non-governmental organisations and home organisations or individuals shall be credited to the fund. Approval of the Ministry of Finance shall be required for receiving quantity from overseas governments, establishments/organisations or individuals.

“If anybody receives any quantity from overseas governments, establishments/organisations or individuals with out approval of the MoF, s/ he shall be liable to motion below the prevailing regulation,” the directive reads. It stipulates a seven-member fund operation committee headed by vice-chair of the National Planning Commission.

Its members embody finance secretary, dwelling secretary, federal affairs secretary, well being secretary, monetary comptroller common and secretary on the Office of the Prime Minister and Council of Ministers.

Functions, duties and powers of the committee are to offer money to the businesses involved for procurement of medicine, medical tools and different logistics; mobilisation of human sources and improvement of vital infrastructures and distribution of aid as per the choice of the Government of Nepal.

The committee shall should sanction the quantity just for the aim of actions associated to prevention, management and therapy of COV- ID-19. The quantity to be transferred to the native degree fund shall be offered by way of the checking account of the involved District Treasury Controller Office.

“In an emergency state of affairs, the involved DTCO could present the prescribed quantity to the native degree fund from its stability in a way to be reimbursed by the Government of Nepal later,” it reads.

The fund shall be operated by the Financial Comptroller General Office as per the accounting system adopted by the Government of Nepal.

A model of this text seems in e-paper on April 12, 2020 of The Himalayan Times.

The publish Government points COVID-19 fund directive appeared first on The Himalayan Times.

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