Nepal flood losses estimated at $2.56 billion, official says

KATHMANDU: Property, housing and infrastructure ​worth at least $2.56 billion (387.5 ‌billion Nepalese rupees) was damaged in the ​Nepal’s catastrophic floods ​last week, the country’s disaster ⁠authority chief ​told Reuters on Friday. In flood-ravaged Nepal valley nothing is left standing The ​estimated cost of early recovery in the first ​four months to ​build roads, temporary shelters, provide ‌drinking ⁠water and electricity would be around $52.6 million (7.95 billion Nepalese ​rupees), ​Dharma ⁠Raj Upreti, chief of the ​National Disaster Risk ​Reduction ⁠and Management Authority said.