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Trump's Gaza peace plan faces funding shortfall, plan in jeopardy

Kyiv • UNN

 • 896 views

Donors have provided less than $1 billion of the promised $17 billion for Gaza's reconstruction. The enclave's reconstruction plan is in jeopardy due to a severe funding shortage.

Trump's Gaza peace plan faces funding shortfall, plan in jeopardy

US President Donald Trump's peace council has received only a fraction of the promised funds for Gaza's reconstruction, complicating the implementation of the relevant plan. Reuters reports this, citing sources, writes UNN.

Details

According to the agency's interlocutors, out of approximately $17 billion pledged by donors, less than $1 billion has actually been received. Only a few countries, including the UAE, Morocco, and the US, have made contributions.

There is no money yet

— one of the interlocutors quoted a council representative as saying during negotiations with Palestinian groups.

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Due to financial and security problems, the US-backed National Committee for Gaza Management has not yet been able to begin operations in the enclave.

What the plan entails

The plan envisions post-war governance of Gaza by Palestinian technocrats and large-scale reconstruction after Hamas's disarmament and the withdrawal of Israeli troops. At the same time, according to international organizations, the region's reconstruction will require about $70 billion.

The Peace Council itself denied financial problems, stating that all funding requests are being met on time and in full.

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