Trump’s Board of Peace official Gaza fund is empty, source says
The Board of Peace, initiated by US President Donald Trump, currently has no funds in its Gaza reconstruction account despite significant pledges from member countries. The fund, which is managed by the World Bank, has not received any donations as the reconstruction phase has not yet commenced. Major European nations have opted not to participate, leaving the board largely supported by US allies and smaller nations seeking Trump's favor.
- ▪Trump's Board of Peace has an empty Gaza reconstruction fund despite billions pledged by member countries.
- ▪The fund is administered by the World Bank and has not received any money due to the reconstruction phase not being reached.
- ▪Major European nations, including France and Britain, have refused to join the board.
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Trump’s Board of Peace official Gaza fund is empty, source saysSign up now: Get ST's newsletters delivered to your inboxUS President Donald Trump and other leaders attending the inaugural Board of Peace meeting on Feb 19, 2026, at the US Institute of Peace in Washington DC.PHOTO: REUTERSPublished May 28, 2026, 02:16 AMUpdated May 28, 2026, 02:16 AMWASHINGTON - US 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.Mr Trump first conceived of the board to rebuild Gaza, where Israel and Hamas agreed to a US-backed ceasefire in October in a bid to halt two years of devastating war.But he quickly raised eyebrows by sending out wide invitations,…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Straits Times — World.