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Nepal Floods Cause at Least $2.56 Billion in Property, Infrastructure Damage

Nepal's catastrophic floods caused property and infrastructure losses worth at least 387.5 billion Nepalese rupees , according to Dharma Raj Upreti, chief of the National Disaster Risk Reduction and Management Authority.
The early recovery cost in the first four months, including rebuilding roads, temporary shelters, providing drinking water, and restoring power, is estimated at around $52.6 million.
Approximately 20,000 houses need rebuilding in flood-affected areas, with at least 7,500 homes destroyed.
The disaster was caused by a glacier collapse on August 26, sending floodwaters down the Trishuli River, killing over 1,250 people, leaving more than 4,200 missing, and displacing thousands.

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Disaster in Nepal After the Collapse of a Glacier. Over 1,250 Deaths, 4,200 Disappearances and Damage of $2.56 Billion

Nepal is facing one of the worst disasters in recent years, after the floods triggered by the collapse of a glacier. At least 1,252 people have died, more than 4,200 are missing, and about 20,000 homes will have to be rebuilt.

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Nepal floods cause $2.56 billion damage as 20,000 homes need rebuilding

Nepal's catastrophic floods caused at least $2.56 billion in property and infrastructure losses, with the country set to spend $52.6 million on early recovery, officials said.

3 hours ago

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