Board of Peace has received only tiny fraction of $17 billion pledged for Gaza — sources

US President Donald Trump stands with other world leaders before a Board of Peace meeting at the US Institute of Peace in Washington, February 19, 2026. (AP Photo/Mark Schiefelbein)
US President Donald Trump stands with other world leaders before a Board of Peace meeting at the US Institute of Peace in Washington, February 19, 2026. (AP Photo/Mark Schiefelbein)

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 tell Reuters.

One of the sources, a person with direct knowledge of the peace board’s operations, says that out of 10 countries that pledged funds, only three – the United Arab Emirates, Morocco, and the US itself – had contributed funding.

The source says funding so far was under $1 billion, but did not give more details. The Iran war “has affected everything,” exacerbating previous funding difficulties, the source says.

The Palestinian technocratic committee slated to replace Hamas in governing Gaza cannot enter the Strip due to both funding and security issues, the source adds.

The second source, a Palestinian official familiar with the matter, says the board informed Hamas and other Palestinian factions that NCAG is unable to enter Gaza right now due to a lack of funding.

“No money is currently available,” the official cites Board of Peace envoy Nickolay Mladenov as informing Palestinian groups.

Representatives for the Board of Peace and NCAG do not immediately respond to a request for comment.

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