Reference News Network, October 14 report. According to Sputnik News, October 14 report, the Special Representative of the United Nations Development Programme's Office for the Coordination of Humanitarian Affairs, Yako Siliers, said that rebuilding the Gaza Strip will require $7 billion in funding.
Siliers said at a press conference held in Geneva: "The cost of rebuilding the Gaza Strip is estimated at $7 billion."
According to him, the World Bank had estimated that $2.3 billion in funding would be needed in March this year, but the cost of reconstruction has since risen sharply.
He did not specify an approximate time frame for the reconstruction of the Gaza Strip; the progress of the reconstruction will depend on the amount of funding received. However, he pointed out that the process may take "decades" to complete.
According to the assessment by the United Nations Development Programme, at least 50 million tons of rubble need to be cleared from the Gaza Strip. Experts also noted that the rubble may contain the remains of Palestinian victims.
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