Over US$71 Bn Needed over Next Decade to Rebuild Gaza: UN, EU
The assessment says $26.3 billion is needed in the first 18 months to restore services and rebuild critical infrastructure.
- On Monday, the European Union and United Nations released their final Gaza Rapid Damage and Needs Assessment, estimating that more than $71 billion will be required over the next 10 years for Gaza's recovery and reconstruction.
- Physical infrastructure damages are estimated at $35.2 billion, with economic and social losses amounting to $22.7 billion; the conflict has pushed back human development in the Gaza Strip by 77 years.
- Gaza's economy has contracted by 84 percent during the conflict, and the report found that $26.3bn will be required within the first 18 months to restore essential services and rebuild critical infrastructure.
- Both the United Nations and European Union asserted that reconstruction must be Palestinian-led, rebuking earlier hints from United States President Donald Trump that Gaza could be cleared and rebuilt as a resort.
- EU foreign policy chief Kaja Kallas confirmed that ministers will discuss a joint call by Ireland, Spain, and Slovenia to review the EU-Israel Association Agreement, signaling diplomatic tensions over reconstruction governance.
61 Articles
61 Articles
More than $71 billion needed over next decade to rebuild Gaza: UN, EU
More than $71 billion will be needed over the next decade for recovery and reconstruction in war-ravaged Gaza, according to an EU-UN assessment published Monday. In their final Gaza Rapid Damage and Needs Assessment (RDNA), the United Nations and the European Union said that more than two years of war in the Palestinian territory "has led to unprecedented loss of life and a catastrophic humanitarian crisis". FRANCE 24's Sharon Gaffney speaks wit…
The EU and the UN warned Monday that Gaza would need more than $71 billion to recover after two years of war, while the damage to homes, hospitals and schools caused the displacement of most people.
Geneva and Brussels. The Gaza Strip will need about 71 billion dollars for reconstruction in the next decade, after the damage caused by the Israeli offensive in the past 24 months, announced the United Nations (UN) and the European Union (EU), which were based on estimates from a study conducted with the World Bank.
Coverage Details
Bias Distribution
- 45% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
