Report finds Gaza needs more than $71bn in next decade for recovery
Summary
A joint report by the European Union and United Nations says Gaza needs more than $71 billion over the next 10 years for recovery after severe damage from the conflict with Israel. The report highlights widespread destruction to homes, hospitals, and schools, and calls for reconstruction to be led by Palestinians.Key Facts
- Gaza faces $71 billion in total recovery needs over 10 years.
- $26.3 billion is needed in the first 18 months to restore services and infrastructure.
- About 372,000 housing units are destroyed or damaged.
- Over half of Gaza’s hospitals are not working, and most schools are damaged or destroyed.
- Gaza’s economy has shrunk by 84%, with 1.9 million people displaced and over 60% losing their homes.
- The conflict has set back Gaza’s human development by 77 years.
- Gaza’s Government Media Office reports 2,400 violations of the ceasefire by Israel, including killings and blockades.
- The UN and EU say rebuilding should be led by Palestinians and support Palestinian Authority governance.
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