A Palestinian woman, Hayam Meqdad, 49, walks on the rubble of her destroyed home, as she now lives in a tent after getting displaced during the war, in Gaza City on October 15, 2025. — Reuters/Ebrahim Hajjaj
Top finance officials from around the world this week underscored their willingness to help rebuild the Palestinian enclave of Gaza as the World Bank and United Nations worked to finalise a new cost estimate of $70 billion, Reuters reports.
Members of the ministerial-level Development Committee that advises the World Bank and International Monetary Fund discussed the challenges involved during a meeting on Thursday, World Trade Organisation Director-General Ngozi Okonjo-Iweala said.
“We’re all very, very appreciative that there’s a ceasefire and that the killing has stopped, that hostages have been brought home, that Palestinians can get food,” Okonjo-Iweala said.
“We hope that it will just lead to the next phase and that that will happen peacefully.”
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