Nepal flood recovery needs reach $4.7 billion
The UN reported on 5 November that August floods damaged homes, power grids and 115 bridges. Estimated recovery costs are $4.7 billion.
Original source ↗2026-11-06 · revision 2 · Information cutoff 2026-11-06T11:34:53.015393+00:00
REGION
South and Southeast Asia, Oceania
Nepal’s recovery from the August floods requires funding and restoration of transport and power. In Myanmar, higher fuel prices weigh on households, with pricing rules and exchange rates affecting the size of that burden.
Fuel costs squeeze households and import budgets
UNCTAD figures presented on 4 November show diesel rising about 83% in Nigeria versus 9% in Ireland from late February to late August. Taxes, subsidies and exchange rates shape the difference.
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