Live Update
From the Liveblog of
Tuesday, February 18, 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says
More than $50 billion will be required to rebuild Gaza and the West Bank after the 15-month Israel-Hamas conflict, according to an assessment released by the United Nations, European Union and World Bank.
The Interim Rapid Damage and Needs Assessment says that $53.2 billion is needed for recovery and reconstruction over the next ten years, with $20 billion needed in the first three.