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Arab48World

US Peace Council Proposes 6-Month Gaza Recovery Plan Costing $2.45 Billion

Translated & summarized from Arab48 by baba

CommunityNeutral tone

Arabic · 8 newsrooms covering

The US-led "Peace Council" has proposed a six-month recovery plan for Gaza costing $2.45 billion, including infrastructure repair, economic aid, and a multinational security force. The plan aims to address extensive damage but faces political hurdles and requires further donor contributions.

The story in 5 lines · by baba

  • Gaza recovery plan proposed with $2.45 billion cost over six months.
  • Plan includes housing, debris removal, economic aid, and security force.
  • Estimated total damage to Gaza is $35.2 billion.
  • Full reconstruction is projected to cost $71.4 billion over ten years.
  • Efforts face political setbacks and require more donor funding.

The "Peace Council," chaired by former U.S. President Donald Trump, is set to unveil a six-month recovery plan for the Gaza Strip with an estimated cost of $2.45 billion. The proposal, detailed by Axios, includes 66 projects focusing on temporary housing, debris removal, hospital repairs, economic revitalization, and the deployment of a multinational security force.

The plan estimates the material damage in Gaza at approximately $35.2 billion, with full recovery and reconstruction requiring around $71.4 billion over the next decade. Key infrastructure initiatives include repairing border crossings, restoring electricity and water systems, installing 25,000 solar power units, and permanently filling tunnels beneath priority reconstruction sites.

This initiative follows a late July notification to Congress by the Trump administration regarding over $206 million in funding for a proposed Gaza peacekeeping force, representing significant early funding for the stalled reconstruction plan. The "Peace Council" was established by Trump to oversee his ambitious plan to end the conflict in Gaza.

Despite an agreement reached in late July, efforts have faced setbacks, with Israel reportedly refusing to implement fragile ceasefire terms necessary for progress. While the full $2.45 billion has not yet been secured by the "Peace Council" and the Palestinian government, they express confidence that donor nations will increase contributions once political obstacles are overcome.

Arab48Arab · Haifa

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