Egypt unveiled a $53 billion Gaza reconstruction plan with broad backing that would not displace Palestinians. The White House says it ignores reality.

The United States dismissed a $53 billion, five-year reconstruction plan for Gaza backed by Arab states, saying President Donald Trump believed his proposal to transform the Palestinian enclave into a U.

Arab leaders on Tuesday endorsed Egypt’s postwar plan for the Gaza Strip that would allow its roughly 2 million Palestinians to remain, in a counterproposal to US President Donald Trump’s plan to depopulate the territory and redevelop it as a beach destination.