Trump's peace board faces cash crunch, stalling Gaza plan, sources say

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US President Donald Trump, Indonesia’s President Prabowo Subianto, Albania’s PM Edi Rama, Saudi Foreign Minister Adel Al-Jubeir, Azerbaijani President Ilham Aliyev, and Jordan’s Foreign Minister Ayman Safadi at the inaugural Board of Peace meeting, US Institute of Peace, Washington DC, February 2026




















US President Donald Trump, Indonesia’s President Prabowo Subianto, Albania’s PM Edi Rama, Saudi Foreign Minister Adel Al-Jubeir, Azerbaijani President Ilham Aliyev, and Jordan’s Foreign Minister Ayman Safadi at the inaugural Board of Peace meeting, US Institute of Peace, Washington DC, February 2026
(photo credit: REUTERS/KEVIN LAMARQUE)

Donald Trump's Board of Peace has received only a tiny fraction of the $17 billion pledged for Gaza, preventing the US president from pushing ahead with his plan for the shattered Palestinian enclave's future, sources told Reuters.

Ten days before US-Israeli attacks on Iran plunged the region into war, Trump hosted a conference in Washington that saw Gulf Arab states pledge billions for the governance and reconstruction of Gaza after a two-year pulverization by Israel. 

The plan envisages large-scale rebuilding of the coastal enclave after the disarmament of the Palestinian terrorist group Hamas, whose attacks on Israel triggered the assault on Gaza, and the withdrawal of Israeli troops.

The funding pledges were also meant to pay for the activities of a nascent National Committee for the Administration of Gaza (NCAG), a US-backed group of Palestinian technocrats intended to assume control of Gaza from Hamas.

One source said that funding so far was under $1 billion, but did not provide further details. The Iran war "has affected everything," exacerbating previous funding difficulties, the source said. 

ByREUTERS
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