Gaza’s renewal could cost more than $ 50 billion: a joint assessment of the World Bank – National

More than $ 50 billion will have to renovate Gaza after a 15-month conflict of Israel-Hamas in the Palestinian enclave, according to an estimated by the United Nations, the European Union and the World Bank on Tuesday.

A temporary assessment of rapid damage and needs (Irdna) said that it takes $ 53.2 billion to recover and renovate over the next 10 years, and it takes $ 20 billion in the first three.

The Israeli campaign in Gaza was launched in response to an attack under the guidance of Hamas on October 7, 2023, in which 1,200 people were killed and more than 250 was taken hostage, according to the Talties Israeli. Israelites Operation killed more than 48,000 people, according to the Hamas Ministry, and left the enclave in ruins.

Years of reconstruction, including cleaning the non -exploded rulebook and millions of tons of ruins.

The report, issued in the midst of a fragile trial that began last month, warned that the conditions were not yet established for large -scale operation and renovation to start with regard to the lack of clarity about how the enclave would be launched after the conflict and what security arrangements would be on place.

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

Irdn said that more than 292,000 homes were destroyed or damaged, and 95 percent of hospitals were not dysfunctional, while the local economy infected by 83 percent.

More than half of the total estimated renovation costs, or $ 29.9 billion, would have to improve damage to buildings and other infrastructure, including housing, for which about $ 15.2 billion should be renovated, said.

Another $ 19.1 billion should compensate for social and economic losses, including health, education, trade and industry sectors, related.
– reporting Emme Farge and James MacKenzidinging Jan Harvey and Frances Kerry