economic

Damage assessments: NPR 277.79 billion damage, NPR 723.67 billion rebuilding

|Nepal–Tibet Floods

Nepal damage estimated at NPR 277.79 billion (US$1.8 bn), losses NPR 136.27 billion and reconstruction NPR 723.67 billion (US$4.78 bn). ADB cut Nepal's growth forecast from 4.5% to 4.1% and the World Bank to 3.7%. Exact publication date of the assessment is approximate.