Donors pledge billions to help rebuild Nepal

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Kathmandu — Foreign donors and agencies announced billions of dollars in aid for Nepal to help the Himalayan nation rebuild from the devastating earthquake that killed more than 8,800 people and made millions homeless.

Indian External Affairs Minister Sushma Swaraj announced assistance of $1 billion during a one-day donors’ conference in Kathmandu while Chinese Foreign Minister Wang Li said the northern neighbour would provide $483 million.

Asian Development Bank pledged $600 million and Japan said it would give $260 million. The United States said it would provide $200 million.

Nepal has said it requires some $6.7 billion for reconstruction in the wake of the April 15 earthquake. 

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