The government of US President Barack Obama is preparing to donate more than $900 million dollars to the reconstruction of the Gaza Strip, according to a senior US official cited by the Associated Press.
The revelation comes less than a week before US Secretary of State Hillary Clinton is scheduled to attend a Gaza donors conference in Cairo.
The Gaza Strip sustained heavy damage during a three-week war between Israel and the Hamas terrorist organization that ran from late-December till mid-January.
Since Hamas is the ruling authority in Gaza, Israel attacked symbols of power such as the local parliament building, and was also forced to fight in densely populated neighborhoods used as cover by Hamas rocket crews.
The Obama Administration's approach to Gaza is opposite that of the Bush Administration, which refused to give money to a Gaza Strip that elected and is ruled by Hamas.