<figure id="attachment_3233581" aria-describedby="caption-attachment-3233581" style="width: 1600px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-3233581 size-full" src="https://media.freemalaysiatoday.com/wp-content/uploads/2025/12/8cf53304-nepal-destruction-epa-12_12_25.webp" alt="" width="1600" height="1000" /><figcaption id="caption-attachment-3233581" class="wp-caption-text">A view of the destroyed Parliament building, a month after Gen Z-led mass protests in Kathmandu in September. (EPA Images pic)</figcaption></figure>
KATHMANDU: The anti-graft protests in September that forced Prime Minister K.P. Sharma Oli to resign caused more than US$586 million in losses to Nepal&#8217;s US$42 billion economy, a government statement said on Friday.
The youth-led protests and the unrest that followed killed 77 people and injured more than 2,000 others three months ago.
Public and private infrastructure &#8211; including the sprawling Singha Durbar office complex, the Prime Minister&#8217;s office, the Supreme Court, Parliament House, the private residences of politicians, and business complexes owned by individuals close to some politicians &#8211; were set ablaze and destroyed.
A statement from the office of interim Prime Minister Sushila Karki, a former chief justice, who succeeded Oli, said an official committee set up to assess the losses estimated that the cost of rebuilding would top US$252 million.
The interim government has set up an official fund to mobilise resources for the reconstruction and has so far collected less than US$1 million from the public and different institutions, authorities said.
The government has not said how it plans to bridge the resource gap for the reconstruction.
Chakrabarti Kantha, a senior engineer at the Ministry of Urban Development in charge of rebuilding public infrastructure, said the reconstruction of the Singha Durbar, the president&#8217;s house, the Supreme Court and key ministries had already started.
Repairs of some partially damaged buildings have already been completed and they are now back in use.
&#8220;The work for other buildings that were completely destroyed would begin once the required detailed reports and designs are ready,&#8221; Kantha told Reuters, without specifying timelines.
The interim government has scheduled new parliamentary elections for March 5, 2026.

MatchPoint Times

Nepal says economy suffered US$586 million hit from ‘Gen Z’ protest

The youth-led protests and the unrest that followed killed 77 people and injured more than 2,000 others three months ago.

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