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Today's Paper | March 10, 2026

Published 14 Oct, 2025 03:30pm

UNDP says US, others willing to fund Gaza’s $70bn rebuilding cost

There are promising early indications from countries, including the United States as well as Arab and European states, about their willingness to contribute to the $70 billion cost of rebuilding Gaza, a United Nations Development Programme (UNDP) official has said, Reuters reports.

“We’ve had very good indications already,” UNDP’s Jaco Cilliers told reporters at a press conference in Geneva, without giving details.

He estimated that Israel’s two-year war on Gaza had generated at least 55 million tons of rubble.

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