Arab leaders agree on initial $20 billion plan for 200,000 new homes in Gaza

An Arab summit draft communique has adopted an Egyptian plan for Gaza’s future, calling on the international community and financial institutions to provide support for the plan quickly.

The plan’s initial stage calls for 200,000 housing units to be built in Gaza over the next two years at a cost of some $20 billion.

It also urges elections in all Palestinian areas within a year, if conditions support such a move.

Palestinian elections have been on hold for nearly 20 years.

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