The World Bank projects Nepal’s economic growth will decelerate to 3.7 percent following the recent devastating floods in Rasuwa. Initial assessments indicate $1.66 billion in direct damage to physical assets across the country. A significant portion of these losses, approximately 83 percent, is attributed to damage sustained by infrastructure in Rasuwa and surrounding areas. This substantial infrastructural damage is expected to significantly hinder Nepal’s economic progress. The World Bank’s estimate highlights the considerable financial burden the disaster places on Nepal’s recovery efforts. Rebuilding infrastructure will be crucial for restoring economic momentum in Rasuwa and nationwide. Further assessments are ongoing to determine the full extent of the economic fallout.