No. of Recommendations: 12
https://www.kyivpost.com/post/76992Trump’s Board of Peace for Gaza has raised no money into its official World Bank fund four months after launch and multibillion-dollar pledges, the Financial Times reported. Instead, donors have sent limited contributions to a private JPMorgan account that is not subject to the same independent oversight, with none of the promised US support being deployed for rebuilding on the ground yet.
US President Donald Trump’s Board of Peace, the flagship body created to oversee Gaza’s postwar reconstruction, has raised no money for the World Bank fund set to hold donor contributions, four months after the board was originally launched.
Several countries, including Kazakhstan, Azerbaijan, the United Arab Emirates (UAE), Morocco, Bahrain, Qatar, and Saudi Arabia, have signed up to Trump’s Board of Peace and have since contributed more than $7 billion toward a Gaza “relief package,” the US president said, as per a BBC report.
Trump himself promised an additional $10 billion in US backing, but the money pledged has yet to reach the World Bank account, which was designed to provide a transparent channel for reconstruction funds.
The Financial Times (FT) reported that the official fund remains empty, as donors have instead sent money to a separate JPMorgan account. The account is controlled directly by the board, which does not carry the same level of transparency requirements as the World Bank.
Current funding flows
Roughly $3 million from Morocco and about $20 million from the UAE have reportedly gone into the JPMorgan account, covering office costs of the board’s high representative for Gaza and salaries for a Palestinian technocratic committee created to work with the body.
The UAE has also earmarked $100 million to train a new police force in Gaza, but those funds remain frozen, as the program has not yet started.
To date, not a single US dollar has been spent on reconstruction under the board’s umbrella, and no rebuilding contracts have been signed, leaving Gaza’s reconstruction on hold.
The Board of Peace has still not moved from pledges to implementation, as Gaza’s infrastructure remains heavily damaged and security conditions unstable. The core steps of disarming Hamas, deploying an international security presence, and rebuilding civilian infrastructure have still not begun.
While this "largess" may be little more than another Trump slush fund,
https://www.cnn.com/2025/03/24/middleeast/israel-a...Israel’s security cabinet has approved a controversial proposal to facilitate Palestinian emigration from Gaza, a move critics warn could amount to ethnic cleansing.
Israeli Finance Minister Bezalel Smotrich on Sunday said the security cabinet approved the proposal by Defense Minister Israel Katz to organize “a voluntary transfer for Gaza residents who express interest in moving to third countries, in accordance with Israeli and international law, and following the vision of US President Donald Trump.”
The decision marks a remarkable endorsement of a plan once considered a far-right fantasy – and comes despite the prime minister’s earlier pledge not to permanently displace Gaza’s civilian population.
We may get to see that Gaza Riviera, line with Trump resorts, built with international and US taxpayer funds yet - just not until the local population gets tired of starving in leaking tents an "voluntarily" leaves.
The latest chaos in Iran and Lebanon has seemed to drown out things like the Epstein probe and Gaza.
Jeff
Jeff
