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Friday, September 4, 2026, 13:10 GMT+7

Nepal flood losses estimated at $2.56 billion, official says

KATHMANDU - Property, housing and infrastructure worth at least 387.5 billion Nepalese rupees ($2.56 billion) was lost in Nepal's catastrophic floods last week, the country's disaster authority chief told Reuters on Friday.

Nepal flood losses estimated at $2.56 billion, official says

People walk next to damaged buildings, following the deadly flash floods and mudslides in Devighat, Nuwakot district, Nepal, September 3, 2026. Photo: Reuters

In the first four months of early recovery, the estimated cost to build roads and temporary shelters, provide drinking water and ⁠restore power would be around $52.6 million, Dharma Raj Upreti, chief of the National Disaster Risk Reduction and Management Authority, said.

Nepal flood losses estimated at $2.56 billion, official says- Ảnh 1.

An aerial view shows widespread destruction in Syafru following the deadly flash floods and mudslides in Rasuwa, Nepal, September 3, 2026. Photo: Reuters

"These are estimated amounts. We have calculated this in coordination with different concerned agencies and departments," Upreti said, adding that a detailed assessment would be done soon.

Nepal will ‌need ⁠to rebuild around 20,000 houses in flood-ravaged areas, Upreti said on Thursday, with at least 7,500 of those homes destroyed.

Nepal flood losses estimated at $2.56 billion, official says- Ảnh 2.

An aerial view shows widespread destruction following the deadly flash floods and mudslides along Nuwakot Trishuli River, in Nuwakot district, Nepal, September 3, 2026. Photo: Reuters

The collapse of a glacier sent a ⁠flood of ice, rock and mud down the Trishuli River in Nepal's border region with China on August ⁠26, wiping out towns and villages and killing more than 1,250 people, with more than ⁠4,200 still missing and thousands displaced.

 (US$1 = 151.1800 Nepalese rupees)

Reuters

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