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NEWSru IsraelWorld

Trump's 'Council for Peace' Proposes $2.45 Billion Gaza Reconstruction Plan

Translated & summarized from NEWSru Israel by baba

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Russian · 8 newsrooms covering

The 'Council for Peace,' an organization founded by former President Trump, will present a $2.45 billion, six-month plan for Gaza's reconstruction. The plan includes infrastructure, housing, security, and economic projects, but its success depends on Israeli-Hamas cooperation and Hamas disarmament, with funding still pending.

The story in 5 lines · by baba

  • Trump's 'Council for Peace' to launch $2.45 billion Gaza reconstruction plan.
  • Plan covers infrastructure, housing, security, and economic recovery.
  • Reconstruction contingent on Israel-Hamas cooperation and Hamas disarmament.
  • Full Gaza reconstruction estimated to cost over $71 billion.
  • Funding for the initial phase has not yet been fully secured.

The 'Council for Peace,' an organization established by former U.S. President Donald Trump, is set to unveil the first phase of a reconstruction plan for the Gaza Strip on Wednesday, September 23rd. The initiative, valued at $2.45 billion, is designed to span six months and encompasses 66 distinct projects.

Approximately $1 billion is earmarked for infrastructure restoration. This includes $400 million for temporary housing, $275 million for debris removal and unexploded ordnance disposal, and $50 million for hospitals. An additional $885 million is allocated for security-related initiatives, such as the deployment of international stabilization forces and the establishment of a Palestinian police force.

The plan also addresses the restoration of water and electricity systems, roads, and border crossings, alongside measures aimed at economic revitalization. The authors of the plan estimate the physical damage in Gaza at $35.2 billion, with a full decade-long reconstruction effort requiring approximately $71.4 billion.

Successful implementation of the program hinges on cooperation between Israel and Hamas. According to Axios, the 'Council for Peace' is linking the commencement of large-scale reconstruction to the disarmament of Hamas. The report also notes that the 'Council for Peace' has not yet secured the full funding required for this initial phase.

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