Finance Minister Swarnim Wagle Calls .

 

Finance Minister Swarnim Wagle Calls for New Direction in India Ties

Addressing a summit in New Delhi, Finance Minister Swarnim Wagle remarked that Nepal is moving past the political practice of building nationalism around anti-India rhetoric. Wagle highlighted that the era of defining Nepali national identity through opposition to India has drawn to a close.

Advocating for expanded economic integration between the two neighbors, the finance minister also noted that Prime Minister Balendra Shah is likely to undertake an official visit to India before the end of the year. The full address was covered by The Kathmandu Post.

United Nations Loss and Damage Fund Approves $20 Million Relief Grant

Nepal has secured a $20 million grant from the United Nations Loss and Damage Fund to support post-disaster recovery and reconstruction efforts. The allocation aims to bring relief to vulnerable settlements severely impacted by intense monsoon flooding and landslides.

The financial package will focus primarily on rebuilding efforts across hard-hit areas in the Bhotekoshi–Trishuli corridor, as reported by The Kathmandu Post. The grant represents a crucial step in accessing global climate mechanisms for vulnerable mountainous nations.

Nepali Worker Dies Following Drone Strike in Saudi Arabia

A Nepali migrant worker lost his life in Saudi Arabia after falling debris from an intercepted drone hit an oil processing facility operated by Aramco. The incident occurred during an aerial attack directed at critical energy installations in the region.

Nepal’s Ministry of Foreign Affairs expressed deep sorrow over the death of the citizen and formally condemned attacks aimed at civilian populations and energy infrastructure. Additional details were documented by The Kathmandu Post.