UN Estimates $70 Billion Needed for Gaza Reconstruction Amid Ongoing Humanitarian Crisis
The United Nations has announced that approximately $70 billion is required to rebuild Gaza, following devastating conflicts that have left communities in ruins. Countries around the world have expressed willingness to assist in funding this monumental effort. However, experts warn that the reconstruction process could take 10 to 15 years, with significant environmental costs and the challenge of addressing ongoing humanitarian suffering. As Gaza faces the aftermath of war, including the looming threat of famine, stakeholders discuss the complex task of turning a profit from peace while navigating the extensive rubble left behind. The UN has indicated that enough debris exists in Gaza to construct monumental structures, highlighting the scale of destruction that must be addressed. Despite the global commitment to aid in reconstruction, the estimated costs present a daunting challenge, with some officials pointing to figures as high as $52 billion needed to initiate recovery efforts.
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