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News Express(English Edition)

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

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



Ten days before U.S.-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 pulverisation by Israel.



The plan envisages large-scale rebuilding of the coastal enclave after the disarmament of Palestinian militant 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 U.S.-backed group of Palestinian technocrats intended to assume control of Gaza from Hamas.