Wednesday, September 2, 2026

India, China, World Bank offer financial support

Kathmandu, Aug. 26

India, China and the World Bank have moved swiftly to coordinate financial assistance for the rescue, relief and reconstruction of flood-affected areas in disaster-hit Nepal, according to the Ministry of Finance (MoF).

Soon after news of the flooding emerged on Wednesday morning, David Sislen, the World Bank’s Country Director for Nepal, informed Finance Minister Dr. Swarnim Wagle that up to Rs. 25 billion could be mobilised from various sources as emergency assistance.

In the evening, India dispatched 10 tonnes of Humanitarian Assistance and Disaster Relief and essential medicines to support Nepal’s response to the devastating floods. In the face of this challenge, India stands with Nepal and its people, India’s External Affairs Minister Dr. S. Jaishankar said in his post on X.

In response, Foreign Minister Shisir Khanal said, “India’s swift response reflects the strength of our bilateral partnership and mutual solidarity in this difficult hour.”

India has asked the government to provide a list of relief materials urgently required for flood victims. FM Khanal, while coordinating with the Prime Minister, Finance Minister and other senior ministers, said preparations were under way to bring Indian relief supplies to Nepal.

Likewise, Indian Prime Minister Narendra Modi spoke to PM Balendra Shah and conveyed condolences on the loss of lives due to the floods.

"The people of India stand in solidarity with their sisters and brothers in Nepal at this difficult time. India is ready to provide all possible humanitarian assistance to Nepal. Our teams are coordinating closely on rescue and relief efforts," PM Modi wrote in his post on X.

Similarly, China has also decided to provide immediate cash assistance. Chinese Ambassador Zhang Maoming has asked the Nepal government, through the Finance Ministry, to initiate the process for transferring the funds.

Chinese President Xi Jinping ordered authorities to use their full capacity to search for and rescue people missing after floods and landslides in the Nepal-China border area, according to Xinhua.

It said that the floods and landslides have damaged the Kerung border area in China’s Tibet Autonomous Region. Reports also say the Chinese port area near the border suffered major damage and loss of property and people.

Expressing the government’s gratitude for the generous commitments of assistance from neighbouring countries and development partners, FM Dr. Wagle is coordinating with the relevant government agencies and holding discussions on the modalities for receiving and utilising the assistance.

The way has been cleared for mobilising both domestic and international assistance after today’s Cabinet meeting declared the affected municipalities in Rasuwa, Nuwakot and Dhading 'disaster crisis areas'.

Likewise, the Embassy of the USA and the Embassy of Pakistan in Kathamndu, through separate messages, expressed their sorrow and condolences to the families and people who lost their lives in the disaster. 

Published in The Rising Nepal on 27 August 2026.   

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