Stories
Rebuilding Gaza After the War: A Massive Economic and Financial Challenge
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Firstpost•07-10-2026, 04:55
Rebuilding Gaza After the War: A Massive Economic and Financial Challenge
- •International assessments estimate Gaza's recovery and reconstruction bill at approximately $71.5 billion over the next decade.
- •Housing accounts for the largest share of physical damage at about $18 billion, with over 80 percent of structures across Gaza sustaining damage.
- •Clearing more than 68 million tonnes of debris and handling unexploded ordnance remains a critical first step costing over $1.7 billion.
- •The Board of Peace has received $17 billion in reconstruction pledges, leaving a significant financing gap before addressing governance and security.
- •Gaza's domestic economy has nearly collapsed, with 92 percent of economic establishments damaged and unemployment reaching 78 percent.
Key Questions Answered
A joint assessment by the World Bank, United Nations, and European Union puts Gaza's recovery and reconstruction bill at about $71.5 billion over the next decade.
The US-backed Board of Peace stated that it had received $17 billion in reconstruction pledges, which represents about 24 per cent of the total estimated bill.
UNOSAT found that, as of June 16, 2026, 201,290 structures—about 82 per cent of all structures in Gaza—had sustained damage, with 134,422 classified as destroyed.
