After Israel's approval, the ceasefire and prisoner exchange agreement has come into effect. While the first prisoner exchanges are taking place, eyes are once again turned to the destruction that occurred in Gaza. In Gaza, which has been under attack for 15 months, the economy has also been devastated, with Gross Domestic Product (GDP) dropping by more than 80% last year, falling to as low as 90 million dollars. Without significant reconstruction, Gaza's already struggling economy will continue to remain stagnant. HEAVY BILL IN GAZAThe reconstruction of Gaza is expected to incur a bill ranging from 40 billion to 80 billion dollars. It is reported that exact figures will only be available once teams can assess the damage on-site, while according to the United Nations, cleaning up an estimated 42 million tons of debris alone will take at least 10 months and cost around 1.2 billion dollars. MORE THAN 170,000 BUILDINGS DESTROYEDSatellite images released last month showed that approximately 70% of the buildings in Gaza (more than 170,000 structures) have been destroyed. Infrastructure damage is also estimated to cost around 20 billion dollars. 15 BILLION DOLLARS NEEDED FOR THE HEALTH SECTORAccording to local health authorities, an estimated 15 billion dollars is needed for the reconstruction of Gaza's health sector. 552 AID TRUCKS ON THE FIRST DAY OF CEASEFIREOn the other hand, 552 aid trucks entered the Gaza Strip on the first day of the ceasefire, which has been under genocide by Israel since October 7, 2023. In a written statement from the Ministry of Interior in Gaza, it was stated, "Since Sunday morning, 552 aid trucks have entered the Gaza Strip's border. Of these, 242 have crossed into northern Gaza." It was reported that the aid trucks contained fuel, medical supplies, and basic food products, as well as vegetables and fruits. The statement also mentioned that efforts are ongoing to deliver more humanitarian aid to the region to meet Gaza's needs. In the first phase of the ceasefire, it is anticipated that 600 trucks of humanitarian aid will enter Gaza daily, and the opening of the Rafah Border Gate is expected 7 days after the agreement comes into effect.
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