"More than 71 billion dollars of funding" are needed for the reconstruction of Gaza in the coming decade

"More than 71 billion dollars of funding" are needed for the reconstruction of Gaza in the coming decade

The United Nations and the European Union have estimated that $4.71 billion in funds are needed to help fully recover and rebuild Gaza over the next decade.

A "Rapid Assessment of Damage and Needs" report in Gaza, released in April, indicates that $26.3 billion will be needed in the first 18 months to restore essential services, rebuild critical infrastructure and support economic recovery. This report estimates that since the beginning of the full-scale war in Gaza after the October 7 attacks, the extent of physical damage to the Gaza Strip is $2.35 billion, and economic and social damages of $7.22 billion have been caused.

Last month, US President Donald Trump's "Peace Council" announced a $45.2 billion plan to rebuild Gaza, which includes areas such as housing, diesel-fueled electricity generation and garbage collection. This council has not yet set a date for the start of Gaza reconstruction; An area where Trump's plan to end the war has largely stalled, almost a year after the cease-fire agreement between Israeli prisoners and Hamas.