The head of the Palestine Investment Fund requires at least $15 billion to rebuild Gaza homes

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The head of the Palestine Investment Fund requires at least $15 billion to rebuild Gaza homes

The head of the Palestine Investment Fund says at least $15 billion is needed to rebuild the destroyed houses in Gaza.

The head of the Palestine Investment Fund states that due to the Israeli military operations that led to the complete destruction of a large part of Gaza Strip, at least $15 billion is needed to rebuild the demolished houses in this area.

Mohammed Mustafa, who spoke at the World Economic Forum in Davos, Switzerland on Thursday, January 27th, said that Palestinian leadership is currently focused on humanitarian aid, including food and water, but ultimately it will be necessary to concentrate on the reconstruction of Gaza.

The war in Gaza has resulted in the displacement of the majority of its 2.3 million population and has created a humanitarian crisis in the besieged region, with its residents facing severe shortages of food, fuel, and medical supplies.

Following Hamas’ attacks on southern Israel on October 7th, Israel initiated a large-scale military campaign in the Gaza Strip, which according to the Ministry of Health in Gaza, has left over 24,000 dead and approximately 61,000 injured.

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