Trump Board of Peace's official Gaza fund is empty despite billions pledged, source says
The Gaza reconstruction fund created by President Donald Trump's Board of Peace remains empty despite pledges of billions from donor countries. The fund, administered by the World Bank and endorsed by the United Nations, has not received any deposits because it is intended for a reconstruction phase that has not yet begun. Ongoing Israeli strikes have continued in Gaza, with at least 910 deaths reported since the ceasefire.
- ▪The Board of Peace's official Gaza fund has received no money from pledged donors, according to a source familiar with the board.
- ▪Donations reported by the Financial Times were directed to a JPMorgan account that lacks independent transparency requirements.
- ▪Major European nations such as France and Britain have refused to join the board, while the United States, Qatar, Saudi Arabia, and the United Arab Emirates have pledged contributions.
- ▪Members are required to pay $1 billion for a permanent spot on the board, and Trump has said the U.S. will contribute $10 billion.
9 outlets in our directory ran this story, first to last over 39 hours. Coverage spans 4 points on the political spectrum — 1 lean left, 5 centre, 1 lean right, 1 right.
- ▪ Board of Peace won’t ‘hoard’ $1 billion pledges as lump sum and will ‘collect the funds necessary’ as Gaza rebuilds — Washington Examiner
- ▪ Board of Peace official Gaza fund is empty despite pledges, source says — Japan Times
- ▪ Trump’s Board of Peace official Gaza fund is empty, source says — Straits Times — World
- ▪ Trump Board of Peace's official Gaza fund is empty — The Hindu — Top
- ▪ Trump Board of Peace's official Gaza reconstruction fund is empty, source says — Euronews
- ▪ IDF kills Hamas chief as Trump’s Board of Peace fund hits zero — The Jerusalem Post | JPost.com
- ▪ Trump’s Board of Peace has ‘zero’ funds despite billion-dollar pledges: Report — Times of India — Top
- ▪ Trump’s Board of Peace fund is empty — Financial Times — World
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| Original publisher | France 24 (EN) |
| Canonical URL | https://www.france24.com/en/middle-east/20260527-trump-board-of-peace-official-gaza-fund-is-empty-despite-billions-pledged-source-says |
| Publication time | Wed, 27 May 2026 14:49:43 GMT |
| Retrieval time | 2026-05-27T14:53:01.287Z |
| Last seen | 2026-05-27T14:53:02.916Z |
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Advertising Home Middle East Trump Board of Peace's official Gaza fund is empty despite billions pledged, source says Middle East Four months after its creation, the Gaza reconstruction fund of US President Donald Trump's so-called Board of Peace has yet to receive any of the billions of dollars pledged by donor countries. Israel has continued to carry out strikes across the devastated Palestinian territory despite a US-backed ceasefire, killing at least 910 people since the truce was signed. Issued on: 27/05/2026 - 16:49Modified: 27/05/2026 - 16:49 2 min Reading time Share By: FRANCE 24 US President Donald Trump holds the charter during a signing ceremony on his Board of Peace initiative at the Annual Meeting of the World Economic Forum in Davos, Switzerland, January 22, 2026.
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