World Bank unlocks $170 million in emergency financing for Nepal flood response

Economic Times - Sep 23, 2026

The World Bank has allocated up to $170 million to assist Nepal following the devastating floods. This financial support aims to help the government in responding to the crisis effectively. Approximately 1,400 people lost their lives due to the glacier collapse that caused these floods. Restoring critical infrastructure and services is a priority in the immediate response effort.

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