Gaza Recovery Plan Pledges $2.45 Billion for Rapid Rebuild
A U.S.-led group launched a six-month plan to restore basic services in Gaza, though full reconstruction costs remain far higher.
Key points
- The Board of Peace launched a $2.45 billion, six-month plan for Gaza’s immediate reconstruction.
- Full rebuilding is estimated to cost $35.2 billion in the medium term and $71.4 billion over ten years.
- Diplomats and officials note that fighting continues and humanitarian access remains restricted despite the new proposal.
The U.S.-led Board of Peace unveiled a $2.45 billion plan on Wednesday to rebuild Gaza. The proposal aims to restore governance and basic services within six months.
The initiative includes debris removal, temporary housing, and hospital repairs. It also plans to deploy a multinational security force to stabilize the region.
Six-Month Blueprint for Basic Services
According to Foreign Policy, the 66-project blueprint supports President Trump’s 20-point peace proposal. Officials describe it as a way to stand up a government quickly.
The plan targets critical infrastructure like electricity and water systems. However, the board admits that significant hurdles remain in implementing these changes.
Reality of Ongoing Instability
The October cease-fire remains fragile, with recent airstrikes killing at least four people. Israeli forces have not fully withdrawn from large areas of the territory.
Most residents still live in makeshift camps or destroyed homes. The U.N. reports that 12.2 percent of children under five suffer from chronic malnutrition.
High Costs and Diplomatic Doubts
Experts estimate full reconstruction will cost $35.2 billion over the medium term. An additional $71.4 billion is needed over the next ten years.
Secretary of State Marco Rubio called the project a long-term effort. French President Emmanuel Macron criticized the lack of sustained humanitarian access despite peace claims.
