Scoop: Trump's Board of Peace to unveil $2.45 billion Gaza recovery plan
Summary
President Donald Trump's Board of Peace will present a $2.45 billion plan for six months of recovery in Gaza, focusing on housing, cleanup, hospital repairs, economic help, and security. The plan depends on cooperation from both Israel and Hamas, which faces challenges due to political and security issues in the region.Key Facts
- The Board of Peace includes 28 countries and worked for a year with the Palestinian technocratic government on this plan.
- The plan covers 66 projects across six areas: infrastructure, human development, economic growth, digital changes, legal work, and peace/security.
- About $1 billion is for infrastructure, including temporary shelters ($400 million), rubble removal ($275 million), and hospital repairs ($50 million).
- Security projects make up roughly $885 million, funding a multinational force, police training, and a program to collect weapons from armed groups.
- Gaza’s physical damage is estimated at $35.2 billion; full reconstruction may cost about $71.4 billion over ten years.
- Israel and Hamas must cooperate for the plan to proceed, but political problems and lack of ceasefire slow down implementation.
- One key goal is to move displaced Palestinians from tents to insulated caravans, with $400 million set aside for this.
- The UAE plans to finance a pilot housing area for 50,000 people in Rafah, offering independent utilities.
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