
"The United Nations estimates more than $70bn is needed to rebuild Gaza. From the air, it looks like a city erased. Entire neighbourhoods have vanished from the map two years since Israel's relentless bombardment of Gaza began. What were once homes, schools, hospitals, factories and power plants have been reduced to debris and dust. Thousands of Palestinians are now returning to ruins or rubble in a place that has lost the very fabric of daily life. Economists estimate the cost of rebuilding at tens of billions of dollars far beyond the capacity of Gaza's shattered economy."
"map two years since Israel's relentless bombardment of Gaza began. What were once homes, schools, hospitals, factories and power plants have been reduced to debris and dust. Thousands of Palestinians are now returning to ruins or rubble in a place that has lost the very fabric of daily life. Economists estimate the cost of rebuilding at tens of billions of dollars far beyond the capacity of Gaza's shattered economy. What is behind the $20bn lifeline to Argentina? Plus, the European Union invests $13bn in South Africa."
Gaza suffered extensive destruction over two years of bombardment, leaving entire neighbourhoods erased and critical infrastructure reduced to debris. Homes, schools, hospitals, factories and power plants have been demolished, and thousands of Palestinians are returning to ruins or rubble. Daily life and basic services have been severely disrupted, and the economy lies shattered. Economists estimate reconstruction costs in the tens of billions, while the United Nations places needs at over $70bn, far beyond local capacity. International financial activity continues elsewhere, including a $20bn lifeline to Argentina and a $13bn EU investment in South Africa.
#gaza-reconstruction #humanitarian-aid #international-finance #argentina-lifeline #eu-investment-south-africa
Read at www.aljazeera.com
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