Nepal is facing immense economic setbacks following last week’s devastating floods. According to the country’s disaster authority chief, damages to property, housing, and critical infrastructure have been estimated at a staggering $2.56 billion. The floods, described as catastrophic, have caused widespread destruction across the nation. This financial toll represents a significant blow to Nepal’s developing economy. Recovery efforts will be extensive and require substantial national and international support. The extent of the damage highlights Nepal’s vulnerability to extreme weather events and the urgent need for improved disaster preparedness. Further assessments are underway to determine the full impact on communities and livelihoods.