Kathmandu: Property, housing and infrastructure worth at least $2.56 billion (387.5 billion Nepalese rupees) was damaged in the Nepal's catastrophic floods last week, the country's disaster authority chief told on Friday.The estimated cost of early recovery in the first four months to build roads, temporary shelters, provide drinking water and electricity would be around $52.6 million (7.95 billion Nepalese rupees), Dharma Raj Upreti, chief of the National Disaster Risk Reduction and Management Authority said.
Nepal floods cause at least $2.56 billion in property, infrastructure damage
Nepal's recent catastrophic floods caused extensive damage to property and infrastructure. The estimated cost of this destruction reached at least $2.56 billion. Early recovery efforts will require approximately $52.6 million for essential services. These funds will rebuild roads and provide temporary shelters for affected populations. Drinking water and electricity restoration are also key priorities for the nation.
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