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U.S.-Led Board of Peace Reports Funding Gap for Gaza Reconstruction

The Board of Peace, established by President Trump in January, faces a shortfall between pledged and disbursed funds for Gaza reconstruction. Experts cite the board's structure and conditions as factors affecting donor participation.

Al Jazeera
1 source·May 20, 3:24 PM(11 days ago)·1m read
U.S.-Led Board of Peace Reports Funding Gap for Gaza Reconstructiondohanews.co
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The board warned of a liquidity crisis affecting its $70 billion reconstruction plan, according to Reuters. Moath al-Amoudi, an expert in international aid to Palestinians, said out of $17 billion pledged, zero liquidity has reached the ground.

The board operates under a three-tiered structure that includes a clause allowing countries to secure permanent seats for $1 billion contributions. Al-Amoudi described the model as commercial guardianship and said donors view the board as lacking a political vision for Palestinians.

U.S. plan requires full disarmament of Hamas and allied factions before reconstruction funds are released and border crossings open.

Local medical sources reported 828 Palestinians killed since an October ceasefire took effect. An Al Jazeera analysis of satellite imagery found Israel has expanded control to 59 percent of the Gaza Strip by shifting the Yellow Line demarcation. Al-Amoudi said the combination of land expansion and board conditions risks demographic changes in Gaza.

Reconstruction is scheduled to begin in the third phase of the truce after Israeli withdrawal in the second phase.

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