How many billions of dollars will it cost to rebuild the Gaza Strip?
According to the Ma’a News Agency, a report by the World Bank Group, the United Nations and the European Union states that the reconstruction of the Gaza Strip will cost $53 billion.
According to the report, the amount of damage to buildings is estimated at $30 billion. The humanitarian sector in the Gaza Strip has also suffered 53 percent of the damage, followed by the trade and industry sector with 20 percent.
The report also points to extensive damage to vital infrastructure in the Gaza Strip, such as health, water and transportation.
The cost of economic damage to the Gaza Strip is estimated at $19 billion. Economic activities have been paralyzed throughout the Gaza Strip and the prices of goods in this strip have increased by 300 percent.