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Nepal faces $4–5 billion rebuild cost after floods kill over 600

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Nepal's finance minister has estimated that reconstruction following recent catastrophic floods will cost between four and five billion dollars, roughly a tenth of the country's economy. The floods killed more than 600 people and left thousands more missing. Critical infrastructure including towns, bridges, roads, and hydropower stations suffered severe damage. Search and rescue operations are ongoing, though bad weather has hampered progress. India has stepped in with significant relief assistance for the affected areas.

Read the full story at Times of India

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