SHAM AL-SHEIKH, March 2, 2009 (WAFA)-President Mahmoud Abbas said Monday, that the Palestinian government has formulated a Gaza reconstruction plan to improve the national economy.

Speaking in front of the Gaza donor summit in Sharm Al-Sheikh, Abbas said that 'Palestinians have no choice, but to agree and reconcile.' Palestine is ready to put an end to disputes and announce unity to pave the way for Parliamentary and Presidential elections next January, Abbas added.

Abbas also said, “our rebuilding efforts will be threatened in the absence of a political solution.” He also called for building a Palestinian state: 'it is time for the Palestinian people to gain their freedom for a Palestinian country to be born.'

On the other hand, Prime Minister Salam Fayyad explained Gaza reconstruction plan and said that, “we need $1.33 billion to operate the plan’s projects.”