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More Than $50bn Needed To Rebuild Gaza – UN, EU, World Bank

Elizabeth Morgan by Elizabeth Morgan
February 18, 2025
in Featured, Foreign News
0
Trump’s Victory: Hamas Urges Ceasefire

KHAN YUNIS, GAZA - DECEMBER 20: People inspect the damage to their homes caused by Israeli airstrikes on December 20, 2023 in Khan Yunis, Gaza.The United Kingdom, France and Germany are the latest countries to call on Israel to reach a "sustainable truce" after more than two months of war in Gaza, which was sparked by the Oct. 7 attacks by Hamas that left 1,200 dead and around 240 taken hostage. In Israel's retaliatory air and ground offensive, nearly 20,000 Palestinians have been killed, according to Gaza health officials. The Israeli prime minister has resisted calls for a ceasefire, saying last week that "military pressure is necessary both for the return of the hostages and for victory."(Photo by Ahmad Hasaballah/Getty Images)

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At least $50bn will be required to rebuild Gaza and the occupied West Bank after the 15-month Israeli war.

The figure was released in an assessment by the United Nations, European Union, and the World Bank.

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The Interim Rapid Damage and Needs Assessment said $53.2bn is needed for recovery and reconstruction over the next 10 years, with $20 bn required for the first three.

 

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