Global financial leaders have pledged support for rebuilding Gaza, as the World Bank and UN work on a $70 billion estimate. This effort follows a fragile ceasefire that paused months of deadly conflict. WTO chief Ngozi Okonjo-Iweala confirmed that challenges were discussed in a key development committee meeting. Leaders welcomed the halt in violence and safe return of hostages. They emphasized food aid delivery and humanitarian access as top priorities.
Palestinian Prime Minister Mohammad Mustafa presented a 5-year reconstruction plan focused on long-term recovery. The strategy includes three phases and covers housing, education, governance, and 18 key sectors. Officials estimate it will cost at least $65 billion. The plan builds on a March 2025 Cairo agreement with Arab states. Police training programs with Egypt and Jordan have already started. However, questions remain about the Palestinian Authority’s future role in Gaza.
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The proposed plan aims to reintegrate Gaza as an open and developing part of the Palestinian state. Mustafa stressed technical talks with the EU on secure border operations, customs, and coordinated policing. The EU remains a major donor and strategic partner. The goal is to ensure political and territorial unity between Gaza and the West Bank. Donors hope these reforms will lay the foundation for a credible Palestinian governance framework.
UN and global agencies are assessing needs while working on the final cost estimate. Ongoing coordination with financial institutions like the IMF aims to ensure efficiency. Global leaders have called for transparent aid flows and reconstruction timelines. The phased approach will prioritize shelter, education, healthcare, and economic recovery. International cooperation is expected to speed up resource mobilization and rebuilding.
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Ultimately, the plan could pave the way for a unified Palestinian government and stable recovery. Leaders agree that rebuilding Gaza is not only a humanitarian obligation but also a path toward lasting peace. Mustafa said the initiative will boost internal solidarity and international confidence. If successful, it may transform Gaza from a conflict zone into a functioning part of a future Palestinian state. The world now watches closely as plans turn into action.