IMF says Gaza reconstruction moving slowly

The International Monetary Fund says that reconstruction of the Gaza Strip is going “far more slowly than expected” after the war between Israel and Hamas last year.

In a report released Tuesday, the IMF says that just over a quarter of the $3.5 billion pledged for reconstruction has been disbursed. The pledges were made in an international conference in Cairo hosted after the end of the 50-day war last summer.

— AP

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