UN says Gaza reconstruction to cost $70bn over decades

A United Nations report states that the reconstruction of the Gaza Strip will cost an estimated $70 billion and span several decades. The assessment by the UN Conference on Trade and Development (Unctad) details how Israel's bombardment has led to an 87 percent economic contraction, creating one of the most severe economic crises on record. Over 1.7 million people remain displaced in bleak conditions, with limited access to food, water, and shelter as winter approaches. The UN is calling for urgent international intervention to address the humanitarian crisis and implement a comprehensive recovery plan for the occupied Palestinian territories.