Trump's 'Board of Peace' Fund for Gaza Reconstruction Remains Unfunded After Four Months
‘Zero dollars deposited’: Trump’s ‘Board of Peace’ fund for Gaza reconstruction sits empty 4 months after launch

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Four months after its launch, Donald Trump's 'Board of Peace' fund for Gaza reconstruction remains empty, with no financial contributions from donor countries. Initial pledges of $7 billion have not materialized, leaving the ambitious project stalled amid political tensions.
- 01The Board of Peace was launched with promises of $17 billion in funding, including $10 billion from the US.
- 02No funds have been deposited into the official World Bank account for the Board of Peace, which has led to operational challenges.
- 03Minor contributions from Morocco and the UAE have only covered basic administrative costs.
- 04The governance model, with Trump as 'Chairman for Life,' has deterred traditional allies from joining.
- 05Countries like France and Spain have declined to participate, expressing concerns about the board's intentions.
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The 'Board of Peace,' created by US President Donald Trump to oversee Gaza's reconstruction, faces a financial crisis four months post-launch. Despite initial pledges totaling $17 billion, including $10 billion from the US, the fund remains empty, as reported by the Financial Times. The World Bank-managed financial mechanism has seen no contributions from donor countries, primarily due to the ongoing political instability in Gaza and a refusal by Hamas to disarm. While Morocco and the United Arab Emirates (UAE) have made minor contributions of $3 million and $20 million respectively, these funds are insufficient to support the board's broader objectives. The UAE's additional $100 million for training a civilian police force is also stalled due to security concerns. Trump's governance model, which designates him as 'Chairman for Life,' has alienated traditional allies, leading countries like France and Spain to decline participation. The situation raises significant doubts about the board's viability and its ability to fulfill its ambitious reconstruction goals.
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The lack of funding for the Board of Peace hampers reconstruction efforts in Gaza, affecting the local population's recovery.
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