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UN, EU and World Bank Put Gaza Rebuild at $71.4 Billion Over a Decade

Reconstruction can proceed only with a lasting ceasefire with unhindered humanitarian access.

Overview

  • The joint assessment calls for $26.3 billion in the first 18 months to restart basic services, rebuild core infrastructure and support jobs and incomes.
  • It counts $35.2 billion in physical damage and $22.7 billion in economic and social losses, and says Gaza’s economy has shrunk about 84 to 85 percent.
  • The plan prioritizes housing at $16.2 billion, food and agriculture at $10.5 billion, health at $10 billion, and commerce and industry at $9 billion.
  • The report details a severe social toll with about 1.9 million people displaced, roughly 372,000 homes and nearly all schools damaged or destroyed, and more than half of hospitals out of service.
  • Debris removal alone exceeds 68 million tonnes at an estimated $1.7 billion, while recovery also faces security and funding hurdles, including a Trump-led private plan that lacks support from several Western governments.