Nepal flood reconstruction bill to be $4.78bn – Foreign ministry

Nepal's foreign ministry estimates the reconstruction bill after deadly glacial floods will be $4.78 billion. The disaster, which occurred on August 26, was sparked by a glacial mountain collapse on the China-Nepal border and resulted in a tsunami-like surge of water, mud, and debris.

According to the disaster agency, rescuers in Nepal have retrieved 1,385 bodies, while around 5,130 people are missing, as reported by Channel News Asia. Free Malaysia Today reports that over 1,400 people were killed and some 5,600 people are missing.

The foreign ministry's spokesman, Lok Bahadur Chhetri, told reporters that approximately $57.67 million is estimated to be required for short-term reconstruction and recovery over the next six months, while approximately $4.71 billion is required for longer-term reconstruction.

Brief written by urgent.news from Punch, Punch Nigeria, Interfax-Ukraine, Channel News Asia, Free Malaysia Today — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.