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Council for Peace proposes $2.45B Gaza plan
The Peace Council's plan, led by the United States, has approved a allocation of $2.45 billion for Gaza's recovery over six months. The goal is to implement projects across sectors such as infrastructure, human development, economic activity, digital transformation, and security. The plan includes direct aid to those affected, such as building temporary housing, debris removal, hospital rehabilitations, and improvements to electricity and water networks. It also aims to strengthen security forces and implement financing programs for small projects. The material damages in Gaza are estimated at around $35.2 billion, while the reconstruction costs over ten years are approximately $71.4 billion. However, current funding remains incomplete and depends on contributions from donor countries. The execution of the plan is contingent upon political and security consensus among Israel, Hamas, and the international community.
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