Kathmandu: Nepal is seeking international support for recovery from recent flooding and related disasters. Prime Minister Shah said the country needs grants rather than loans for flood recovery, according to a Reuters report.
The appeal comes as governments and international agencies assess infrastructure damage and humanitarian needs following severe weather events. citeturn1news0
Recovery Priorities
Flood recovery can involve rebuilding roads, bridges, homes, water systems and public facilities, while also restoring livelihoods for affected communities.
Why Grants Matter
Grant financing can reduce the additional debt burden on countries facing major reconstruction costs, particularly after large natural disasters.
External source: Reuters Asia Pacific
Related: International News
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