Hamas faces a faltering economy and slow reconstruction in Gaza, a year after the latest war with Israel

9 May, 2022
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Hamas faces a faltering economy and slow reconstruction in Gaza, a year after the latest war with Israel

A year after the latest escalation between Israel and "Hamas", the movement seeks to revive the faltering economy in the besieged Gaza Strip and rebuild what was destroyed during the 11 days of confrontation.


During the war, Israel completely destroyed 1,600 Palestinian homes in the Gaza Strip, while more than sixty thousand other homes in the Gaza Strip, which Israel has imposed a strict siege on for more than 15 years, were partially or massively damaged.



However, the rebuilding process is still going slowly, according to Naji Sarhan, Undersecretary of the Ministry of Housing and Public Works in the Gaza Strip, which is run by "Hamas". Al-Sisi will pay $500 million and two Qatar dollars to reconstruct the Gaza Strip, whose area does not exceed 360 km.

Sarhan attributes this to "political and financial reasons" without providing further details.


Sarhan states that the Egyptian grant is "going well".


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