Nepal Faces a $2.56 Billion Rebuild After Catastrophic Flooding

Nepal’s catastrophic August 26 flood has moved rapidly from an emergency response into a reconstruction crisis. Property, housing and infrastructure worth at least 387.5 billion Nepalese rupees, or about $2.56 billion, has been lost, according to Reuters, citing Dharma Raj Upreti, chief of the National Disaster Risk Reduction and Management Authority.…

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