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Nepal Flood Reconstruction Bill to Hit US$4.78 Billion: Foreign Ministry

The estimate covers recovery and rebuilding needs after floods damaged homes, roads, bridges and hydropower projects, officials said.

  • Flood-Hit Nepal will ask wealthier countries and global agencies for $5 billion in financial help this week, framing the rebuilding effort as climate justice for nations that contributed little to the crisis.
  • Since the collapse of a Himalayan glacier in late August triggered devastating floods, at least 1,300 people have been confirmed dead and more than 5,300 remain missing across Nepal and Tibet.
  • Foreign Minister Shishir Khanal said support should be viewed as 'climate justice' rather than charity, while Nepal's disaster management chief Dharam Raj Uprety added the disaster is 'induced by climate change.'
  • Prime Minister Balendra Shah will seek international support at the United Nations on September 24, while Beijing has already extended assistance, foreign ministry spokesperson Guo Jiakun said on Thursday.
  • Experience from Pakistan's 2022 floods suggests funding may lag; only $3.4 billion of $11 billion in pledges had been disbursed by early 2024, with nearly 42% allocated for oil imports.
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awazthevoice.in broke the news on Wednesday, September 9, 2026.
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