Peace Council plans 2.45B aid for Gaza
The Peace Council, led by U.S. President Donald Trump, announced a recovery plan worth $2.45 billion to support the reconstruction of Gaza following damages estimated at around $35.2 billion. Full recovery is expected to require approximately $71.4 billion over ten years. The plan includes 66 projects across sectors such as infrastructure, human development, the economy, digital transformation, security, and legal affairs. It focuses on providing temporary housing, debris removal, hospital repairs, and improving border crossings, electricity grids, and water networks. There are challenges in funding the plan, as the total amount has not yet been raised. Its successful implementation depends on cooperation between Israel and Hamas, with both parties holding preliminary agreement on some aspects. An estimated 35 countries—Israeli and Palestinian—are expected to provide advice and support. Emphasis is placed on the process being led by the Palestinians and based on the principle of “Palestinian ownership.”
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