Trump Board of Peace's Official Gaza Fund Is Empty Despite Billions Pledged, Source Says
- On Wednesday, the Financial Times reported that the World Bank fund for President Donald Trump's Board of Peace has received no deposits despite pledges totaling $17 billion from the US and other world leaders, citing four sources familiar with the matter.
- Trump's original reconstruction plan required Hamas disarmament and Israeli withdrawal, but the Palestinian technocratic committee has not begun operations because the Board's administrative structure remains incomplete and lacks operational capacity.
- Morocco contributed about $20 million funding the office of high representative Nickolay Mladenov and committee salaries, while the United Arab Emirates' $100 million police training program remains frozen; the State Department committed $1.2 billion in reallocated aid but has not yet spent it.
- The Board's spokesperson said no contracts have been awarded despite tendering for security and reconstruction work, while Dr. Bishara Bahbah warned members lack tools and means to assist Gaza residents without operational systems in place.
- JPMorgan account deposits used by the Board operate under no obligation to report financial positions to contributors unlike the World Bank arrangement, while the State Department said it 'supports the president's vision' and continues evaluating coordination approaches.
108 Articles
108 Articles
According to a media report, the so-called "Peace Council" appointed by US President Trump in January has no official funding.
The money was instead allegedly moved to one of Trump's own accounts.
Is Trump’s ‘Board Of Peace’ Just Another Trump Slush Fund?
Despite billions of dollars pledged to Donald Trump’s “Board of Peace,” not a single dollar has been deposited in the official fund administered by the World Bank and endorsed by the United Nations. But millions, at least some of which is reportedly frozen, have been deposited into a JP Morgan account that has no independent transparency requirements, Financial Times has reported. Instead, the board will “report its financials to its executive b…
Trump’s $17 Billion “Board of Peace” for Gaza is now stuck in legal limbo with zero dollars
Donald Trump promised that his pet project, the “Board of Peace,” would use money from member states to rebuild Gaza after a months-long bombing campaign that destroyed infrastructure and took the lives of tens of thousands. Initially, member states had promised $7 billion, with an additional $10 billion expected to come from US funding — but a little over six months after the BoP was mandated, the reality has shown that nothing is clear about i…
The "Peace Commission" proposed by U.S. President Donald Trump for the end of the war and post-war reconstruction of the Palestinian Gaza Strip is failing to make progress due to legal and political obstacles. Not only are the Gaza reconstruction projects not operating at all, but the Peace Commission's official fund account remains completely empty.
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- 47% of the sources lean Left
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