That comes out to roughly $25,000 for each citizen (2.1 million) of Gaza, if $53 bil. were to be divided amongst the people.
As a rough estimate for the currencies generally used there we could compare it to the Israeli shekel (valued 28 US cents/$0.28) and consider that the money could effectively cover labor costs, with a good bit left over for building materials. Quite the deal- especially if further investments follow.
That comes out to roughly $25,000 for each citizen (2.1 million) of Gaza, if $53 bil. were to be divided amongst the people.
As a rough estimate for the currencies generally used there we could compare it to the Israeli shekel (valued 28 US cents/$0.28) and consider that the money could effectively cover labor costs, with a good bit left over for building materials. Quite the deal- especially if further investments follow.