Trump's Board of Peace Addresses Reports on Gaza Reconstruction Fund
The Financial Times reported that the board's main fund for reconstruction efforts in Gaza is empty, but the Board of Peace has responded with a differing account.
LONDON: Donald Trump’s Board of Peace issued a statement on Wednesday to counter recent reports claiming its primary fund intended for the reconstruction of Gaza has not received any financial contributions.
The Financial Times reported that this specific financial fund, established last year in partnership with the World Bank and endorsed by the United Nations, had yet to see any donations from donor countries.
In response, the Board of Peace clarified that this particular funding mechanism, while indeed not utilized thus far by the international community, remains one among several potential channels for aid.
According to a social media post from the board, the article published in The Financial Times aimed to instill doubt regarding the commitment of the United States and its partners toward the Board of Peace's initiatives.
A representative of the board mentioned that while no contributions have been made directly into this fund, donors have chosen alternative pathways to provide support.
It was noted that donations have been received through a JPMorgan account maintained by the board.
A source within the Board of Peace further elaborated on the matter to AFP, explaining that the envisioned fund was crafted specifically for the reconstruction and development stage in Gaza, which has not yet commenced.
This phase is anticipated to follow an initial period marked by significant devastation resulting from Israel’s military campaign against the territory.
Initially launched by Trump in January, following his pivotal role in mediating a ceasefire agreement between Israel and Hamas, the Board of Peace's overarching mission includes overseeing the redevelopment and governance of Gaza.
The peace plan for Gaza is structured into several phases, with the first involving the release of Israeli hostages in exchange for Palestinian detainees held by Israel.
The subsequent phase aims at the disarmament of Hamas, accompanied by an Israeli withdrawal and the introduction of a stabilization force.
Progress has encountered obstacles; the Board of Peace recently highlighted Hamas's reluctance to disarm as 'the principal obstacle' hindering further advancements.
The Financial Times reported that this specific financial fund, established last year in partnership with the World Bank and endorsed by the United Nations, had yet to see any donations from donor countries.
In response, the Board of Peace clarified that this particular funding mechanism, while indeed not utilized thus far by the international community, remains one among several potential channels for aid.
According to a social media post from the board, the article published in The Financial Times aimed to instill doubt regarding the commitment of the United States and its partners toward the Board of Peace's initiatives.
A representative of the board mentioned that while no contributions have been made directly into this fund, donors have chosen alternative pathways to provide support.
It was noted that donations have been received through a JPMorgan account maintained by the board.
A source within the Board of Peace further elaborated on the matter to AFP, explaining that the envisioned fund was crafted specifically for the reconstruction and development stage in Gaza, which has not yet commenced.
This phase is anticipated to follow an initial period marked by significant devastation resulting from Israel’s military campaign against the territory.
Initially launched by Trump in January, following his pivotal role in mediating a ceasefire agreement between Israel and Hamas, the Board of Peace's overarching mission includes overseeing the redevelopment and governance of Gaza.
The peace plan for Gaza is structured into several phases, with the first involving the release of Israeli hostages in exchange for Palestinian detainees held by Israel.
The subsequent phase aims at the disarmament of Hamas, accompanied by an Israeli withdrawal and the introduction of a stabilization force.
Progress has encountered obstacles; the Board of Peace recently highlighted Hamas's reluctance to disarm as 'the principal obstacle' hindering further advancements.
