Gaza reconstruction to cost over $71B: EU-UN estimate

The truce followed Israel’s two-year genocidal war on Gaza that started in October 2023, killing over 72,000 Palestinians and wounding 172,000 others. The deadly strikes also caused widespread destruction, affecting 90 percent of Gaza’s infrastructure.

According to the RDNA, some 371,888 housing units have been destroyed or damaged, more than 50 percent of hospitals in the territory are non-functional and nearly all schools have been destroyed or damaged.

At the same time, 1.9 million people — nearly Gaza’s entire population — have been displaced, often multiple times, and more than 60 percent of the population have lost their homes, the assessment found.

Gaza’s economy has contracted by 84 percent, it said.

“The scale and extent of deprivation across living conditions, livelihoods/income, food security, gender equality, and social inclusion, have pushed back human development in the Gaza Strip by 77 years,” the assessment said.

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