Board of Peace’s official Gaza fund is empty: Source
U.S. President Donald Trump’s Board of Peace has no cash in its official Gaza reconstruction fund, a source familiar with the board told AFP on May 27, despite member countries pledging billions of dollars.
Trump first conceived of the board to rebuild Gaza, where Israel and Hamas agreed to a U.S. -backed ceasefire in October 2025 in a bid to halt two years of devastating war.
Since the board was set up, its fund, administered by the World Bank and endorsed by the United Nations , as received no money from donors, the source familiar with the Board of Peace told AFP.
The source said money had not been deposited because the fund was designed for the reconstruction and development phase, which has not yet been reached.
