Nepal Floods Test 36-Year-Old Prime Minister Balen Shah With Rebuilding Challenge
· World · Bloomberg, Hindustan Times, NDTV
Nepal faces a massive reconstruction effort after violent flash floods swept away bridges, roads, and communications links across the Himalayas. The disaster serves as the first major crisis for Prime Minister Balen Shah's new government, testing its crisis response capabilities. Shah, 36, rose to power earlier this year on a wave of Gen Z anger directed at the political establishment. The costly recovery comes as Nepal's $45 billion economy faces heavy pressure from higher fuel costs, weaker tourism, and slowing growth in the wake of the Iran war.
Why it matters
The rebuilding challenge threatens Nepal's $45 billion economy as it absorbs higher fuel costs and slower growth, testing the administrative capacity of Prime Minister Balen Shah's new government.
Read the original report — Bloomberg
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