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Nepal secures World Bank pledge for flood recovery
At least 150 people have been killed and hundreds of tourists are missing after a massive flash flood and mudslide struck the Nepal-Tibet border on August 26. Nepal's Ministry of Finance said international partners have offered coordinated financial support for flood response and rebuilding efforts across affected regions, as the government moves to channel emergency aid following widespread damage. According to a report by The Rising Nepal, World Bank Country Director David Sislen told Nepal's Finance Minister Swarnim Wagle that approximately NPR25bn ($163mn) could be made available as urgent emergency support, marking one of the largest pledges disclosed so far among the international assistance offers. [...]