Published On 5/27/2026
Agence France-Presse quoted an informed source on Wednesday as saying that the Peace Council, which is responsible for supervising the reconstruction of the Gaza Strip, did not receive money from donors, which the Council denied in a post on the X platform.
The source stated that the Peace Council, which was established by US President Donald Trump, does not receive any funding from its fund despite receiving financial promises worth billions of dollars.
He added that the Council’s fund did not receive money from donors, because the fund is allocated to the reconstruction and development stage that has not yet been reached under the terms of the ceasefire agreement between Israel and Hamas.
Empty box
Today, the British Financial Times newspaper quoted 4 informed sources as saying that the Council, which Trump personally chairs even after the end of his presidential term, has not yet received any money from its own fund, which is managed by the World Bank and supported by the United Nations.
The newspaper reported from one of the sources that “no dollars were deposited,” adding that instead, the council received money deposited directly into an account set up with JP Morgan Bank, pointing out that there were “no independent requirements for transparency” regarding this account.
On the other hand, the Peace Council said, in a post on the
Attempt to question
The Council accused the Financial Times report of trying to cast doubt on the commitment of the United States and its partners to the Peace Council, considering that the newspaper “as usual” included this information at the beginning of the article, and then continued its narration of the story that it wanted to promote from the beginning.
The Peace Council was established in January, within the framework of the American proposal that resulted in a ceasefire agreement between Israel and Hamas last October.
Its purpose was initially to supervise the ceasefire and reconstruction of the Gaza Strip, but its goal expanded to include the settlement of various international disputes, which raised fears that it would become a parallel entity to the United Nations.
Major European countries, such as France and Britain, distanced themselves from the council, which mainly includes historical partners of the United States in the region, ideological allies of Trump, and smaller countries.
Trump previously announced that the United States would provide a contribution of $10 billion to the Council, while several countries promised to provide no less than a billion.
According to the Council’s charter, countries wishing to obtain a permanent seat must pay a fee of one billion dollars.
In April, the United Nations and the European Union estimated the cost of reconstruction for the next ten years in the Gaza Strip at $71.4 billion, according to a study conducted jointly with the World Bank.
Israel launched a war of extermination against the besieged Gaza Strip, on October 7, 2023, resulting in the martyrdom of more than 72,000 Palestinians, according to the Ministry of Health in Gaza.
