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Palestinian Government Unveils $67 Billion, Five-Year Plan for Gaza Reconstruction

Ramallah: Palestinian Prime Minister Mohammad Mustafa announced a comprehensive $67 billion, five-year plan aimed at reconstructing the Gaza Strip. This initiative, developed in collaboration with Arab and international experts, was revealed during a press conference in Ramallah. Mustafa emphasized that the plan is structured in three phases to address the extensive damage caused by nearly two years of Israeli attacks, which have resulted in tens of thousands of deaths and widespread destruction.

According to Anadolu Agency, the first phase is set to address urgent humanitarian and infrastructure needs over a six-month period, with an estimated cost of $3.5 billion. The second phase, which will span three years, is projected to require $30 billion. The final phase will focus on completing reconstruction and ensuring long-term recovery. Prime Minister Mustafa also mentioned that ongoing discussions with international partners are crucial for securing the necessary resources for these efforts. A significant reconstruction conference is scheduled to take place in Egypt a month after the cessation of hostilities.

Mustafa underscored the necessity for Israel to fulfill its obligations by withdrawing from Gaza, opening border crossings, and facilitating the entry of humanitarian aid and reconstruction materials. He further asserted the Palestinian Authority's (PA) intent to extend its governance over Gaza, once conditions are favorable, dismissing external conditions regarding Gaza's administration.

The PA's governance aspirations face challenges, as Israel opposes any role for the PA or Hamas in Gaza's future administration. Nonetheless, Mustafa reiterated that the PA considers Gaza a vital component of the Palestinian state and is committed to restoring governance in the region.

Negotiations on the second phase of a ceasefire agreement are anticipated to commence shortly, with Hamas advocating for a complete end to the conflict, a full Israeli withdrawal, and retention of its armaments. A ceasefire agreement was previously reached, predicated on a plan proposed by US President Donald Trump, which included the release of hostages and the rebuilding of Gaza with a new governance structure that excludes Hamas.

The conflict has had devastating consequences, with Israeli attacks since October 2023 resulting in the deaths of nearly 68,000 Palestinians, predominantly women and children, rendering the enclave largely uninhabitable.