IMF says Gaza reconstruction moving slowly

The reconstruction of the Gaza Strip is going “far more slowly than expected” after a devastating war between Israel and the Hamas militant group last year, the International Monetary Fund said this week. IMF said in a report that just over a quarter of the $3.5 billion pledged for reconstruction has been disbursed. The pledges were made at an international conference in Cairo after the end of the 50-day war last summer between Israel and Gaza’s Hamas rulers.



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