Gaza requires over $71 billion for recovery in the next decade

A report by the European Union and United Nations estimates that over $71 billion is needed for Gaza’s recovery and reconstruction over the next decade following extensive damage from the recent conflict. The assessment highlights that $26.3 billion is required within the first 18 months to restore essential services and infrastructure. Key sectors such as housing, health, education, commerce, and agriculture have been severely impacted, with more than 371,000 housing units destroyed and a significant portion of the population displaced. The report calls for a Palestinian-led reconstruction effort, contrasting previous suggestions for transforming Gaza into a resort area.

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