The head of the Palestinian Investment Fund says at least $15 billion is needed to rebuild homes in Gaza.
The head of the Palestinian Investment Fund, referring to Israeli military operations that have led to the complete destruction of much of the Gaza Strip, says at least $15 billion is needed to rebuild the destroyed homes in this area.
Mohammad Mustafa, speaking on Wednesday, January 17, at the World Economic Forum in Davos, Switzerland, stated that Palestinian leadership is currently focused on humanitarian aid, including food and water, but ultimately will have to concentrate on rebuilding Gaza.
The war in Gaza has resulted in the displacement of the majority of Gaza’s 2.3 million population and has created a humanitarian crisis in this besieged area, with residents facing severe shortages of food, fuel, and medical supplies.
Following the October 7 attacks by Hamas on southern Israel, Israel launched a large-scale military campaign in the Gaza Strip, which, according to Gaza’s Ministry of Health, has resulted in over 24,000 deaths and approximately 61,000 injuries.
