Nepal suffered at least 3.875 trillion Nepalese rupees, or US$2.56 billion, in property, housing, and infrastructure losses following catastrophic floods last week. The figures were confirmed by the country's disaster authority chief in statements to Reuters on Friday.
The disaster left the nation facing a massive rebuilding effort, requiring the reconstruction of approximately 20,000 houses in flood-ravaged areas, with at least 7,500 of those homes completely destroyed. Authorities estimate that early recovery efforts over the next four months will focus on constructing temporary shelters, rebuilding damaged roads, and securing drinking water supplies for affected populations.
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