Nepal flood damage could cost up to 10% of economy
By The BriefBrief
Nepal’s finance minister said rebuilding after recent floods could cost between US$4 billion and US$5 billion. He added the damage may amount to as much as a tenth of Nepal’s economy to restore.
WHO:Nepal’s finance minister
WHAT:Said rebuilding costs after Nepal’s floods may reach US$4 billion to US$5 billion and could be up to a tenth of the economy.
WHEN:Reported Aug 29, 2026 at 2:09 AM ET
WHERE:Nepal
WHY:Cause not yet established.
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