Sisi: Gaza Reconstruction Needs More Than $500 Million

DAYS OF PALESTINE – GAZA – Egyptian President Abdel Fattah el-Sisi said that the Gaza Strip needs more than $500 million for rebuilding efforts in the aftermath of the latest Israeli aggression on Gaza strip.

The reconstruction of the Gaza Strip requires far more than $500 million, Egyptian President Abdel Fattah el-Sisi said on Wednesday.


“We hope to contribute more than this sum,” Sisi said at a panel of the World Youth Forum (WYF) conference in the Egyptian Red Sea resort of Sharm e-Sheikh.


In May 2021, Sisi announced that Egypt would allocate $500m. for rebuilding efforts in the Gaza Strip in the bloody aggression on Gaza strip.

Sisi called on the donor countries to provide financial aid to the United Nations Relief and Work Agency for Palestine Refugees (UNRWA) so that it would be able to fulfill its duties towards the Gaza Strip.

At least 243 people, including more than 100 women and children, were killed in Gaza, according to its health ministry.

According to the RDNA, the estimated value of the physical damage caused by the Israeli aggression on Gaza strip ranged between US$290 to US$380 million.

The social sectors were hit the most (US$140 – 180 million), making up more than half of the total damage. Housing alone represents almost 93% of the total damage to the social sectors.

The second most-severely-affected sectors are the productive and financial sectors, with agriculture and services, trade and industry at the fore.

(Source / 13.01.2022)

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