Nepal puts flood reconstruction bill at $4.78B

1 week ago

Nepal has estimated that rebuilding after deadly floods triggered by a glacial mountain collapse last month will cost about $4.78 billion, the country’s foreign ministry said on Friday. The August 26 disaster, which began with a tsunami-like flood on the China-Nepal border, has killed more than 1,400 people and left more than 5,600 missing. Nepal’s National Disaster Risk Reduction and Management Authority