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Updated · Bloomberg · Apr 20Gaza Faces $71 Billion Rebuilding Bill After Devastating Conflict, Study Finds
3 articles · Updated · Bloomberg · Apr 20
- Gaza will require $71.4 billion over the next decade to recover from two years of war, according to a new international study.
- The report states that $26.3 billion is needed in the first 18 months to restore essential services and rebuild critical infrastructure.
- The findings come six months after a ceasefire between Israel and Hamas, following the October 2023 attacks that sparked the conflict.
With a $54 billion funding gap, can Gaza's reconstruction plan actually succeed? Beyond rebuilding, how can Gaza address the deep societal trauma from the conflict? How will 60 million tonnes of rubble be cleared to make way for a new Gaza? How does Israel's 'yellow line' impact the future of 1.9 million displaced Gazans? Is the US-led 'Board of Peace' a recovery plan or a threat to Palestinian sovereignty? Who will truly govern Gaza's future: an international board or the Palestinian Authority?