Trump Board of Peace's official Gaza fund is empty despite billions pledged, source says
Summary
Four months after its creation, the Gaza reconstruction fund set up by President Donald Trump's Board of Peace has not received any money from donor countries. Although billions were pledged to help rebuild Gaza after the US-backed ceasefire, actual funds have not been deposited because reconstruction work has not yet begun.Key Facts
- President Trump created the Board of Peace to help rebuild Gaza after a ceasefire between Israel and Hamas.
- Donor countries pledged billions of dollars to the Gaza reconstruction fund.
- The fund is managed by the World Bank and supported by the United Nations.
- No money has been deposited into the official reconstruction fund so far.
- The fund's money is meant for reconstruction after the end of active conflict, which has not happened yet.
- Israel continues military operations in Gaza despite the ceasefire; over 910 people have died since the truce.
- Major European countries like France and Britain refused to join the Board of Peace.
- The United States promised $10 billion, and some Middle Eastern countries pledged $1 billion each to the fund.
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