Gaza's Rebirth May Take Decades and Billions; UN Warns of 'Human-Made Abyss'
The aftermath of two years of brutal conflict in the Gaza Strip is marked by a staggering reality: reconstruction efforts are expected to cost at least $70 billion, with some estimates suggesting it may take several decades to complete. The United Nations has sounded the alarm, describing Gaza as a "human-made abyss" where nearly 2.3 million people face dire economic hardship and extreme poverty.
The UN's trade and development agency (Unctad) report reveals that Israel's military operations have ravaged Gaza's economy, contracting it by an astonishing 87% over the past two years. The territory's gross domestic product per capita has plummeted to just $161, making it one of the lowest globally. Meanwhile, the West Bank is facing a similar crisis, with "violence, accelerated settlement expansion, and restrictions on worker mobility" decimating its economy.
The situation is dire, with most households in Gaza unable to afford basic food items, despite prices dropping sharply in recent weeks. Diets are characterized by limited access to meat, vegetables, and fruit, while cooking gas shortages have forced many families to burn discarded plastic or alternative fuels to cook. The World Food Programme (WFP) reports that the quantity of food consumed daily is still well below pre-war levels.
A fragile ceasefire between Israel and Hamas has held since October, but the road to recovery seems daunting. Even with substantial aid, recovery to pre-October 2023 GDP levels could take decades. The international community must now grapple with the challenge of implementing Donald Trump's 20-point plan for Gaza, which calls for an interim technocratic Palestinian government and an international security force.
As Gaza begins its long journey towards rebuilding, one thing is clear: it will require significant investment and sustained effort to restore this war-torn territory to a state of economic viability. The human-made abyss that has been created must be bridged with compassion, understanding, and a commitment to lasting peace.
The aftermath of two years of brutal conflict in the Gaza Strip is marked by a staggering reality: reconstruction efforts are expected to cost at least $70 billion, with some estimates suggesting it may take several decades to complete. The United Nations has sounded the alarm, describing Gaza as a "human-made abyss" where nearly 2.3 million people face dire economic hardship and extreme poverty.
The UN's trade and development agency (Unctad) report reveals that Israel's military operations have ravaged Gaza's economy, contracting it by an astonishing 87% over the past two years. The territory's gross domestic product per capita has plummeted to just $161, making it one of the lowest globally. Meanwhile, the West Bank is facing a similar crisis, with "violence, accelerated settlement expansion, and restrictions on worker mobility" decimating its economy.
The situation is dire, with most households in Gaza unable to afford basic food items, despite prices dropping sharply in recent weeks. Diets are characterized by limited access to meat, vegetables, and fruit, while cooking gas shortages have forced many families to burn discarded plastic or alternative fuels to cook. The World Food Programme (WFP) reports that the quantity of food consumed daily is still well below pre-war levels.
A fragile ceasefire between Israel and Hamas has held since October, but the road to recovery seems daunting. Even with substantial aid, recovery to pre-October 2023 GDP levels could take decades. The international community must now grapple with the challenge of implementing Donald Trump's 20-point plan for Gaza, which calls for an interim technocratic Palestinian government and an international security force.
As Gaza begins its long journey towards rebuilding, one thing is clear: it will require significant investment and sustained effort to restore this war-torn territory to a state of economic viability. The human-made abyss that has been created must be bridged with compassion, understanding, and a commitment to lasting peace.