Nepal seeks billions after floods, asks for foreign experts
📡 CNBC Top News · 1 min read ·
Part of composite article Nepal-Tibet Flood Death Toll Nears 1,000 As 4,000 Still Missing View full article →
Nepal has resumed rescue operations after severe flooding and landslides. The government has asked for specialist foreign help to deal with the crisis.
The country’s finance minister told Reuters that Nepal will need up to $5 billion to rebuild. The funds are required to repair damaged infrastructure and restore homes and livelihoods.
The Himalayan nation is facing a massive recovery effort. Authorities are focusing on reaching isolated areas where people may still be trapped.