What Would It Take to Rebuild Gaza?

U.N.: Israel’s War on Gaza Will Cost More Than $70 Billion in Reconstruction Over Several Decades

The United Nations says Israel’s war on Gaza has created a “human-made abyss” that will cost more than $70 billion in reconstruction over several decades. According to the U.N. report, from 2023 to 2024, Gaza’s economy contracted by 87%, leaving a gross domestic product per capita at $161, among the lowest in the world. This comes as Israel repeatedly violates the U.S.-brokered ceasefire. At least 342 Palestinians have been killed since the star…

What would it take to rebuild Gaza?

The war has battered Gaza so much that it would take up to $70 billion over decades —with 22 years just to remove the rubble— to rebuild it, according to a joint estimate by the United Nations (UN), World Bank, and the European Union (EU).

UN: Over 70% of Gaza Buildings Damaged or Destroyed, Rebuilding Will Cost More Than $70 Billion

A UN agency reported that the Israeli onslaught in Gaza has left most of the buildings damaged or destroyed and caused a massive economic collapse. The agency said the rebuilding will cost $70 billion and take decades.  The United Nations Conference on Trade and Development (UNCTAD) reported that 70% of…

Gaza’s Economy at the Brink of Collapse - Republic Policy

Dr Bilawal Kamran Israel’s war in Gaza has pushed the Palestinian territory into an economic collapse so severe that the United Nations now warns Gaza’s very survival is at risk. According to a new UN Trade and Development (UNCTAD) report, the level of destruction inflicted over the past two years has dismantled the foundations of life—food systems, housing, healthcare, and public infrastructure—leaving the territory on the edge of what it calls…