Rebuilding Nepal's Flood-Hit Infrastructure May Cost Up to $5 Billion

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Nepal faces a massive financial challenge in rebuilding its infrastructure following devastating floods. A billionaire, reportedly linked to the Chaudhary Group, has estimated the reconstruction cost could reach $5 billion. The Chaudhary Group is a major Nepali conglomerate operating across 12 business sectors, including food, telecom, infrastructure, and banking. The scale of the damage underscores the severe economic impact the floods have had on the country. The estimate highlights the urgent need for both domestic and international financial support for Nepal's recovery.

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