Report raises cost of Gaza's recovery to $485M
A report from the World Bank, United Nations and European Union found that the 11-day conflict caused between $290 and $380 million in physical damages alone to the Palestinian enclave.
The impoverished Gaza Strip requires up to $485 million to fund immediate and short-term recovery needs following the recent conflict between Hamas and Israel, according to a new report from the World Bank, United Nations and European Union.
The trio’s Rapid Damage and Need Assessment was set up to estimate the losses incurred from the most serious round of Israeli-Palestinian fighting since the 2014 conflict. The 11 days of fighting left more than 260 dead in Gaza and 12 in Israel, according to officials on both sides.
