Top finance officials from around the world this week underscored their willingness to help rebuild the Palestinian enclave of Gaza as the World Bank and United Nations worked to finalize a new cost estimate of $70 billion.

Members of the ministerial-level Development Committee that advises the World Bank and International Monetary Fund discussed the challenges involved during a meeting on Thursday, World Trade Organization Director-General Ngozi Okonjo-Iweala said.Members of the ministerial-level Development Committee that advises the World Bank and International Monetary Fund discussed the challenges involved during a Thursday meeting.

World Trade Organization Director-General Ngozi Okonjo-Iweala expressed appreciation for the ceasefire and the halt in killing.

“We hope that it will just lead to the next phase and that that will happen peacefully,” she said.

A United States-brokered ceasefire between Israel and Hamas militants has halted two years of devastating war.

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