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The rebuilding of Gaza can cost more than 50 billion US dollars: a joint rating of the World Bank – national

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More than 50 billion US dollars will be asked to rebuild Gaza after Israel’s Hamas conflict for 15 months in the Palestinian enclave, according to the evaluation issued by the United Nations, the European Union and the World Bank on Tuesday.

The rapid assessment of the rapid assessment of the needs (IRDNA) said that there is a need for $ 53.2 billion to recover and reconstruction over the next ten years, with a need for $ 20 billion in the first three.

The Israeli campaign in Gaza was launched in response to the Hamas -led attack on October 7, 2023, in which 1,200 people were killed and more than 250 hostages were taken, according to the Israeli. Israel has killed more than 48,000 people, according to the Hamas -running Ministry of Health, and left the pocket in ruin.

Years of reconstruction, including clearing the unique decree and millions of tons of rubble.


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The report, which was issued amid the fragile ceasefire that started last month, warned that the circumstances were not yet present in order to recover on a large scale and reconstruction to start there was no clarity on how to run the pocket after the conflict and what security arrangements will be in its place.

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She said: “The speed, scale and recovery scale will be formed through these circumstances.”

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IRDNA ​​said that more than 292,000 homes have been destroyed or damaged and that 95 percent of hospitals are non -functional, while the local economy has contracted 83 percent.

She said that more than half of the total estimated cost of rebuilding, or $ 29.9 billion, would be required to repair the damage to buildings and other infrastructure, including housing, which requires about $ 15.2 billion USD to rebuild.

She said that another $ 19.1 billion US dollars is needed to compensate for social and economic losses, including health, education, trade and destroyed industry in the conflict.
Emma Faraj and James McKenzmit were reported by Jean Harvey and Francis Kerry






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