Sun Oct 12 11:55:47 UTC 2025: ## Summary:
An economics professor at Birzeit University, Yousef Birzeit, argues that the international estimate of $50 billion for rebuilding Gaza following recent conflict is a significant underestimate. He believes the true cost will be far higher, suggesting the actual devastation and required investment are more extensive than currently acknowledged by international organizations.
## News Article:
**Expert Warns Gaza Rebuilding Costs Could Exceed $50 Billion Estimate**
**GAZA CITY -** Initial estimates of $50 billion for the reconstruction of Gaza following recent conflict may fall far short of the actual financial requirements, according to a leading economist. Yousef Birzeit, an economics professor at Birzeit University, contends that the figures put forth by the United Nations, European Union, and World Bank significantly underestimate the true cost of rebuilding the war-torn territory.
“The scale of destruction and the complexities involved in rebuilding infrastructure, homes, and the economy are far greater than these initial estimates suggest,” Professor Birzeit said. While specific alternative figures were not provided, his statement raises concerns that international aid pledges may be insufficient to address the long-term recovery needs of the Gaza Strip.
The UN, EU, and World Bank have yet to respond directly to Professor Birzeit’s assertions. However, the potential for a substantial shortfall in reconstruction funding raises serious questions about the pace and scope of recovery efforts and the long-term prospects for the Gazan population. The professor’s warning underscores the need for a more thorough and comprehensive assessment of the damage and the resources required for a sustainable and lasting recovery in Gaza.