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Gaza reconstruction cost pegged at $71.4 billion after two years of war
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Rebuilding Gaza will require $71.4 billion, seven times the cost of all prior reconstruction efforts, according to a UN-EU-World Bank report. The war has killed 73,000 Palestinians, injured 173,000, and displaced 1.9 million.
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Gaza reconstruction cost pegged at $71.4 billion after two years of war
A joint UN-EU-World Bank report estimates Gaza’s reconstruction cost at $71.4 billion, seven times the combined total of all previous rebuilding efforts over the past two decades. The war, now in its third year, has killed at least 73,000 Palestinians, injured 173,000, and displaced 1.9 million people. Infrastructure damage includes homes, hospitals, schools, and water systems. The report emphasizes that Palestinian ownership and leadership must guide the recovery process. Donor coordination is critical to address the scale of destruction.
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