Nepal Floods Cause $2.56 Billion in Property and Infrastructure Damage

Nepal suffered devastating floods last week that caused massive destruction across the country. The disaster resulted in losses estimated at approximately 387.5 billion Nepalese rupees, equivalent to $2.56 billion. The damage affected property, housing, and critical infrastructure throughout the nation. These figures were disclosed by the head of Nepal's disaster management authority in a statement to Reuters on Friday.
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