The U.S.-backed Board of Peace unveiled a six-month, $2.45 billion Gaza recovery plan covering 66 projects—focused on housing, infrastructure, health, and related start-up work—on the sidelines of U.N. General Assembly week, according to BBC News (opens in new tab), PBS NewsHour carrying Associated Press, and Foreign Policy (opens in new tab) reporting on Sept. 23.
The board said full physical reconstruction could cost about $35.2 billion over the medium term and roughly $71.4 billion over a decade, the AP/PBS account said. BBC separately reported board figures of about $18 billion pledged with only $280 million handed over so far.
AP/PBS noted that the Oct. 10 ceasefire framework envisioned Israeli withdrawals, Hamas disarmament, an international force, and a new Palestinian administration, but those steps have largely stalled: Israel occupies a large share of Gaza, Hamas has not disarmed, and large-scale reconstruction has not begun, the wire said.
The Event Log treats the dollar figures as board statements reported by multiple outlets and notes that whether pledged funds will be disbursed on the board’s timetable remains open until disbursements are documented.