fitness

Nepal's Flood Damage Could Cost Up To 10% Of Economy

A Flood of Debt: Nepal's Rebuilding Conundrum The devastating floods that swept through Nepal have left a trail of destruction, claiming over 600 lives and displacing thousands.

Finance Minister Swarnim Wagle has warned that rebuilding efforts could cost up to $5 billion – nearly a tenth of the country's economy.

Nepal's economic vulnerability is starkly illustrated by its reliance on remittances and hydropower generation.

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