At least 633 people have been killed and 2,980 remain missing after the August 26 Himalayan flood across Nepal and China's Tibet region, according to official figures released on Saturday.
Nepal will need $4 billion to $5 billion to rebuild, Finance Minister Swarnim Wagle told Reuters. The disaster damaged roads, bridges, buildings, and hydropower facilities accounting for more than 12% of the country's generating capacity, with the reconstruction estimate equivalent to as much as roughly 10% of Nepal's economy.
China has called for international rescue cooperation while teams search the devastated Gyirong border crossing. Its Water Resources Ministry reported that one upstream lake had shrunk, reducing the immediate risk, though another larger, unspecified body of water remains under observation.
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