Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sayyed Khamenei: In the 12-day war, the Iranian people defeated the Americans and the Zionists without a doubt
Sayyed Khamenei: We must enhance mobilization and pass on its concept to future generations, and I have always advised all government agencies to operate in a mobilization-oriented manner
Sayyed Khamenei: The scientists who were martyred in the 12-day aggression were not involved in the mobilization, but they embodied the true image of being part of the mobilization move
Sayyed Khamenei: The IRGC may be the official side concerned with mobilization, but any zealous group that wants to work for the sake of this country is part of this mobilization
Sayyed Khamenei: The phenomenon of resistance will continue and grow, and the oppressed people of the world will feel that someone supports them and that there is a power that amplifies their voice
Addressing the Iranian nation, Iranian leader Sayyed Ali Khamenei: A country like Iran needs mobilization more than any other country in light of foreign ambitions and interventions [affecting it]
Larijani to Pakistan's HUM TV: We are not seeking to acquire nuclear weapons, but we will continue to seriously develop our peaceful nuclear program
Larijani: Whoever wants to genuinely engage in negotiations does not predetermine the outcome; that is not negotiating
Secretary of Iran's Supreme National Security Council, Ali Larijani: Iran has not and will not abandon genuine negotiations
Al Mayadeen's correspondent in South Lebanon: Israeli aircraft launch airstrike on al-Mahmoudiya.

80 years and $40bln needed for Gaza reconstruction: UNDP

  • By Al Mayadeen English
  • Source: News websites
  • 3 May 2024 14:51
3 Min Read

A report by the UNDP has revealed that "Israel's" genocide wiped out four decades of investments in Gaza.

  • x
  • Palestinians look at the destruction after an Israeli strike on residential buildings and a mosque in Rafah, Gaza Strip, Feb. 22, 2024. (AP)
    Palestinians look at the destruction after an Israeli strike on residential buildings and a mosque in Rafah, Gaza Strip, February 22, 2024. (AP)

Abdallah al-Dardari, the UN assistant secretary-general and director of the UN Development Program’s (UNDP) regional office for the Arab states, stated that the reconstruction of the Gaza Strip could take 80 years and $40 billion.

Speaking at a conference in Amman, Jordan, al-Dardari said the damage caused by "Israel" in Gaza has not been seen since the Second World War. 

“The scale of the destruction is huge and unprecedented…This is a mission that the global community has not dealt with since World War II,” he stated, noting that reconstruction estimates could very possibly exceed $30 billion and reach $40 billion.

Currently, Gaza is buried beneath 37 million tons of rubble that only keeps piling on due to the occupation's relentless and deliberate destruction.

According to the UN official, reconstructing Gaza's fully destroyed complexes to rehabilitate it would take up to 80 years, assuming the pace equals that during previous wars in the Strip. It is worth noting that 72% of residential buildings have either been completely or partially destroyed over seven months since the occupation launched its onslaught. 

Al-Dardari called on the international community to prioritize a meticulous housing plan for Gaza, which should reportedly be achieved in the first three years following the end of the war.

"Israel", according to the UNDP director, bombed Gaza back to the 1980s, destroying at least four decades' worth of international investments. 

58.4% of Gazans forced into poverty

On Thursday, the UNDP issued a joint economic report with the Economic and Social Commission for Western Asia (ESCWA), revealing that more than half of Gaza's population is grappling with poverty as a result of the war. 

Since October, the Gazan poverty rate has spiked to 58.4%, essentially pushing an additional 1.74 million people, out of 2.2 million, into poverty.

This comes amid a 26.9% plunge in the Palestinian GDP, resulting in a loss of $7.1 billion, compared to 2023.

The evaluation also forecasted that if the war persisted for nine months, the poverty rate could potentially increase to over 60.7%, while the GDP might suffer an additional decline of 29 percent.

Simultaneously, the report stated that Gaza would be set back by 44 years by the ninth month of the genocide, should it proceed.

UNDP Administrator Achim Steiner also cautioned that the ongoing war was imposing significant and accumulating costs on Gazans and Palestinians, both in the present and in the foreseeable future.

Due to the ongoing Israeli genocidal war, at least 5% of the population has either been killed or injured as of mid-April.

Moreover, it was emphasized that approximately 7,000 individuals remain unaccounted for in Gaza.

Read more: War on Gaza to cost 'Israel' about 10% of 2024's GDP: Central Bank

  • Gaza Strip
  • war on Gaza
  • Palestine
  • Israel
  • UNDP
  • Gaza

Most Read

Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025
Hezbollah releases the names of the four martyred with Tabatabai

Hezbollah releases the names of the 4 martyred alongside Tabatabai

  • West Asia
  • 24 Nov 2025
A boy tries to stand near missiles displayed in the National Aerospace Park of the Revolutionary Guard, just outside Tehran, Iran, Thursday, Nov. 13, 2025 (AP)

Key Israeli sites destroyed, nuclear docs moved to Tehran: Minister

  • Politics
  • 22 Nov 2025

Coverage

All
In Five

Read Next

All
Turkey
Politics

Turkey: Lebanon-Cyprus maritime deal ignores Turkish Cypriots

US Navy, San Francisco
US & Canada

US Navy withheld plutonium alert from San Francisco for 11 months

India weighs a major expansion of its S-400 fleet, as the Su-57 remains off the table.
Politics

India weighs major expansion of S-400 fleet; Su-57 stays off the table

China warns of rising nuclear risks after Trump announces a testing plan.
Politics

China warns of rising nuclear risks after Trump announces testing plan

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS