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
Al Mayadeen's correspondent in Turkey: A new attack in the Black Sea targets a Georgia-bound Russian ship
Palestinian press sources: Two Israeli occupation soldiers were injured in the operation
Palestinian press sources: The man who carried out the stabbing operation at the entrance to a settlement north of Ramallah in the occupied West Bank has been martyred
Israeli media report on a stabbing operation in the Ma'ayan Atarot area, confirm the attacker was killed, with one injury reported in the area
Senate Democratic Leader Chuck Schumer: Law enforcement agencies in New York have informed me of bomb threats targeting several of my offices.
IOF storm Al-Ahli Hospital, vicinity of Al-Mizan Hospital, and Mohammed Ali Al-Muhtaseb Hospital in al-Khalil.
Iraqi sources told Al Mayadeen that reports that Barrack conveyed warnings to Iraq about an Israeli strike if any Iraqi party supports Hezbollah are false.
Pope Leo XIV: Peacemakers do not flee, but dare to stay even if it costs them some sacrifice.
The Pope to the Lebanese: You are a diverse country and a community made up of communities united by one language, the language of hope, which has allowed you to start anew.
Pope Leo XIV to the Lebanese: You are a people who do not give up, but a people who persevere in the face of difficulties and know how to be reborn.

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

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Russia and China are not part of the Resistance Front, but they are playing an important role in building structures to bypass US power and thus facilitate a multipolar and freer world. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

The Resistance Front and BRICS

  • Opinion
  • 29 Nov 2025
Four killed, ten wounded in targeted California shooting in Stockton

Four killed, 10 wounded in 'targeted' California shooting

  • US & Canada
  • 30 Nov 2025
Point-blank killings: 'Israel' executes 2 Palestinian youths in Jenin

Graphic footage: IOF execute 2 Palestinians from point blank in Jenin

  • Politics
  • 27 Nov 2025

Coverage

All
In Five

Read Next

All
US Ambassador to Turkey Tom Barrack speaks during the Concordia Annual Summit in New York, Wednesday, September 24, 2025 (AP)
Politics

Iraqi sources deny US warning of Israeli attack on Lebanon: Exclusive

People walk through a street in the old city of Homs, Syria, Friday, November 21, 2025 (AP)
Politics

US cautions Israeli occupation against escalation in Syria

Members of the International Committee of the Red Cross (ICRC) arrive at the site where Hamas militants are searching for the remains of captives in Jabalia, northern Gaza Strip, Monday, December 1, 2025 (AP)
Politics

Gaza death toll surpasses 70,000 as victims remain under rubble

Pope Leo XIV meets the Greek Orthodox Patriarch of Antioch John X Yazigi, left, and spiritual leader of Lebanon's Druze community Sheikh Sami Abi al-Mona in the Martyrs' Square, in Beirut, Monday, December 1, 2025 (AP)
Politics

Pope Leo XIV calls for unity, coexistence during Lebanon visit

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