Nepal values flood damages at $2.56B

Nepal estimates that the losses from the devastating floods that struck the country last month amount to at least $2.56 billion, including damages to property, homes, and infrastructure. Official Dharma Raj Opriti pointed out that the cost of reconstruction, including roads and temporary shelters, will reach approximately $52.6 million over the first four months of the recovery phase. Additionally, the floods completely destroyed around 7,500 homes, and the country needs to rebuild about 20,000 homes in the affected areas.

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