Nepal flood losses estimated at $3.2b, official says
People walk next to damaged buildings, following the deadly flash floods and mudslides in Devighat, Nuwakot district, Nepal, Sept 3.
PHOTO: Reuters
KATHMANDU — Property, housing and infrastructure worth at least US$2.56 billion (S$3.2 billion) was damaged in the Nepal's catastrophic floods last week, the country's disaster authority chief told Reuters on Friday (Sept 4).
The estimated cost of early recovery in the first four months to build roads, temporary shelters, provide drinking water and electricity would be around US$52.6 million, Dharma Raj Upreti, chief of the National Disaster Risk Reduction and Management Authority said.
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