Who pays to rebuild Gaza after Israel’s devastating war?
Key Takeaways
- The UN estimates that over $70 billion is needed to rebuild Gaza.
- Two years of relentless bombardment has left Gaza looking like an erased city.
- Infrastructure, including homes, schools, and hospitals, has been reduced to rubble.
- The cost of rebuilding is estimated by economists to be in the tens of billions of dollars.
- Gaza's shattered economy is incapable of funding the necessary reconstruction efforts.
The United Nations has estimated that the cost to rebuild Gaza exceeds $70 billion following two years of intense and relentless bombardment by Israel. From the air, the devastation is stark, with entire neighborhoods having vanished from the map, leaving behind only debris and dust where homes, schools, hospitals, and factories once stood. Thousands of Palestinians are now returning to ruins, facing the loss of the fundamental fabric of their daily lives. Economists concur that the rebuilding effort will cost tens of billions of dollars, a financial burden that the severely damaged economy of Gaza cannot possibly bear on its own. The article also briefly mentions unrelated financial news regarding a $20bn lifeline to Argentina and a $13bn EU investment in South Africa. The information was published on October 16, 2025.
