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Palestinian Fund for Reconstruction and Development (PFRD)

(formerly Palestinian Umbrella for Resilience Support to the Economy (PURSE MDTF))

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New Report Assesses Damages, Losses and Needs in Gaza and the West Bank

Reconstruction and recovery needs in Gaza are estimated to require $53 billion, according to the Gaza & West Bank Interim Rapid Damage and Needs Assessment (IRDNA).

Impacts of the Conflict in the Middle East on the Palestinian Economy

Eleven months into the conflict in the Middle East, the Palestinian territories are nearing economic freefall, amidst a historic humanitarian crisis in the Gaza Strip.

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The PFRD is a financing mechanism that enables donors to co-finance World Bank activities in the West Bank and Gaza. The PFRD aims to strengthen sustainable recovery and reconstruction, economic recovery, and social resilience in the West Bank and Gaza.

Children in Beit Hanoun, Gaza.

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