Trump's Gaza Peace Board Raises Zero Dollars, Reports Say

by Kyiv Post | May 27, 2026, 10:46 pm

Trump’s Board of Peace for Gaza has raised no money into its official World Bank fund four months after launch and multibillion-dollar pledges, the Financial Times reported. Instead, donors have sent limited contributions to a private JPMorgan account that is not subject to the same independent oversight, with none of the promised US support being deployed for rebuilding on the ground yet.

US President Donald Trump’s Board of Peace, the flagship body created to oversee Gaza’s postwar reconstruction, has raised no money for the World Bank fund set to hold donor contributions, four months after the board was originally launched.

Several countries, including Kazakhstan, Azerbaijan, the United Arab Emirates (UAE), Morocco, Bahrain, Qatar, and Saudi Arabia, have signed up to Trump’s Board of Peace and have since contributed more than $7 billion toward a Gaza “relief package,” the US president said, as per a BBC report.
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The Financial Times (FT) reported that the official fund remains empty, as donors have instead sent money to a separate JPMorgan account. The account is controlled directly by the board, which does not carry the same level of transparency requirements as the World Bank.
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