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Macro Finance

Nepal Flood Damages To Cost Billions In Damage, Says Finance Minister

Bloomberg Markets·August 28, 2026·1 min read

Nepal's Finance Minister Swarnim Wagle says devastating flash floods will cause at least 'a few billion dollars' in damage to the country's $45 billion economy. He made the remarks exclusively on Bloomberg's 'Insight with Haslinda Amin.' The floods have inflicted severe economic losses, prompting urgent recovery and rebuilding efforts.

Read at Bloomberg Markets
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