Total physical damage in Gaza is estimated at $35.2B, with a projected $71.4B required for full reconstruction over the next decade. The success of the current initial phase depends on cooperation from Israel and Hamas, as well as additional funding beyond the first allotment. High Representative N.M. Ladenov urged international backing for the measure to give peace a lasting chance.
Tuesday, October 20, 2026
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Trump Board of Peace Unveils $2.45B First Phase for Gaza Recovery
Geopolitics27 days ago
A delegation in New York presented a comprehensive roadmap on Wednesday to reorganize the administration and basic utilities of the Palestinian territory. Trump's Board of Peace is initiating a $2.45 billion six month effort to fund 66 projects, including hospital repairs, rubble removal, and temporary housing. The plan also includes the establishment of a multinational security force and a new system for post-war governance to stabilize the region.
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