World Bank estimates Nepal flood physical damage at $1.66 billion

A World Bank report estimates devastating floods in Nepal caused an estimated $1.66 billion in direct physical asset damage.
Infrastructure destruction accounted for 83% of total damages, totaling approximately $1.38 billion overall.
Residential and non-residential buildings suffered significant damages worth $185 million and $101 million respectively.
Additional non-physical economic losses reached $883 million, bringing total disaster impact to $2.7 billion.

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