European Union, the United Nations, and the World Bank said Gaza will need an estimated $71.4 billion over the next decade to recover and rebuild after two years of war.
According to a joint final assessment released Monday, $26.3 billion of that total will be required during the first 18 months to restore essential services, rebuild key infrastructure, and support economic recovery.
The report said physical damage across Gaza is estimated at $35.2 billion, while economic and social losses reached $22.7 billion. It added that the sectors hit hardest by the war were housing, healthcare, education, commerce, and agriculture.
Meanwhile, the housing crisis remains one of the most urgent challenges. More than 371,888 homes were either destroyed or damaged, leaving hundreds of thousands of Palestinians displaced or without adequate shelter.
The healthcare system has also been devastated, with more than half of Gaza’s hospitals no longer functioning. At the same time, nearly all schools across the territory were destroyed or damaged, deepening the humanitarian crisis and disrupting education for an entire generation.
The assessment underscores the enormous scale of rebuilding required after Israel’s war on Gaza, which caused widespread destruction to civilian infrastructure, homes, businesses, and public services.
Even with the ceasefire in place, aid agencies continue to warn that Gaza faces a long and difficult road to recovery, requiring sustained international funding and large-scale reconstruction efforts.
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