The huge cost of rebuilding the Middle East: ALEX BRUMMER examines the economic fallout in Gaza

The huge cost of rebuilding the Middle East: ALEX BRUMMER examines the economic fallout in Gaza
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The huge cost of rebuilding the Middle East: ALEX BRUMMER examines the economic fallout in Gaza
Published: Jan, 29 2025 22:07

Summary at a Glance

The huge cost of rebuilding the Middle East: ALEX BRUMMER examines the economic fallout in Gaza The path to a fragile ceasefire deal between Israel and Hamas in Gaza proved hard enough.

Reduced to rubble: No one is quite sure who will hold the reins of power in battle-scarred Gaza or where the vast resources for post-war reconstruction will come from.

Speaking to US broadcaster CNBC in Davos, the governor of the Bank of Israel Amir Yaron expressed hope that the ceasefire deal ‘is a turning point away from October 7, that horrible day’.

No one is sure who’ll hold the reins of power in battle-scarred Gaza or where the vast resources for post-war reconstruction will come from.

The 15-month campaign in Gaza, which saw the capabilities of Hamas decimated but not eliminated, has been at a huge economic cost.

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