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Palestinians estimate Gaza damage at $1.4 billion
Palestinian officials estimate the damage from Israel's offensive in Gaza to cost about $1.4 billion at this time. According to the Palestinian Statistics Bureau, about 26,000 Gazans are living in temporary shelters, and cannot live in their homes.
They also estimate that about 20,000 residential buildings have been damaged so far, about 4,000 have been completely destroyed.
Surveyors reporting to the bureau said public buildings were also destroyed including 18 schools and university buildings, roads, bridges, power lines and water and sewage pipes.
The bureau put the cost of reconstruction at close to $1 billion, with daily losses of revenues amounting to an additional $420,000. With fighting continuing, it said the final cost could be much higher.



Most RecentMost Recommended Comments (1)
at 02:48 on January 16th, 2009
Journalists have been allowed in Gaza travelling with the IDF, above from Martin Fletcher in The Times
Surely the under-reported toll of the infrastructural damage will be much greater