In October, international donors at a much-heralded conference in Egypt pledged $5.4 billion in aid to rebuild Gaza after last summer’s war with Israel. So, how’s it going?

Wow. Not very well. An excerpt from the Reuters piece:

The conference in Cairo had been hailed as a success, with Qatar promising $1 billion, Saudi Arabia $500 million and the United States and the European Union a combined $780 million in various forms of assistance.

[…]

“The Arab countries haven’t paid anything until now,” Mufeed al-Hasayna, the Palestinian housing minister, said this month. “The Europeans just a few millions, maybe something from the Swedes.”

It was not clear what happened to promises of $200 million from each of Turkey and the United Arab Emirates. In part, officials said, the problem is that it always takes time for donors to follow through on their commitments.

Is it such a mystery, however?

So, what is Gaza doing with the funds it has received?

Maybe “tunnels” are the only shovel-ready projects in Gaza? It’s a “stimulus”!

Or maybe they’re buying new rockets?

Actually…

Here is the latest news from Israel this morning:

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