Gaza's reconstruction could cost more than US $ 50B: Joint Evaluation of the World Bank – National


More than US $ 50 billion will be required to rebuild Gaza after the 15-month conflict of Israel-Ahamas in the Palestinian enclave, according to an evaluation published by the United Nations, the European Union and the World Bank on Tuesday.

The intermediate evaluation of damages and needs (IRDNA) said that US $ 53.2 billion is needed for recovery and reconstruction in the next 10 years, with $ 20 billion necessary in the first three.

Israel's campaign in Gaza was launched in response to the attack led by Hamas on October 7, 2023 in which 1,200 people were killed and more than 250 were taken as hostages, according to Israeli reds. The operation of Israel has killed more than 48,000 people, according to the Ministry of Health led by Hamas, and left the enclave in ruins.

Years of reconstruction work, including the cleaning of non -exploited ordinances and millions of tons of debris ahead.


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The report, issued in the middle of a fragile fire that began last month, warned that the conditions were not yet in their place so that the large -scale recovery and reconstruction work began given a lack of clarity on how the Enclave after the conflict and what security arrangements would be in place.

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“The speed, scale and scope of recovery will be molded by these conditions,” he said.

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Irdna said that more than 292,000 homes had been destroyed or damaged and that 95 percent of hospitals did not work, while the local economy had hired 83 percent.

It would be required that more than half of the estimated total reconstruction cost, or $ 29.9 billion, repair damage to buildings and other infrastructure, including housing, which would require around US $ 15.2 billion to rebuild, he said.

Other US $ 19.1 billion would be needed to compensate for social and economic losses, including health, education, trade and industry sectors devastated in the conflict, he said.
–Enecorto by Emma Farge and James Mackenzieediting by Jan Harvey and Frances Kerry






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