S. President Donald Trump's so-called peace council has barely received any money, Reuters reported. Of the promised $17 billion, less than $1 billion has been paid in, according to sources with insight.
This significant shortfall highlights the financial challenges facing the initiative. S. contributing so far out of the ten countries that committed to financing the council, according to the information.
The Iran war has 'affected everything' and the plans have currently stalled.
Most European countries—including Sweden, Norway, France, the United Kingdom, and Germany—have declined to participate in the council, further reducing potential funding sources. The intended use of funds focuses on reconstruction and governance transition in Gaza. Most of the money is said to go to the reconstruction of Gaza and to the group of Palestinian technocrats who are to take over governance of the area from the terrorist-designated Hamas, reports indicate.
This dual-purpose allocation aims to address both infrastructure needs and political stability in the region. The impact of the Iran war has further complicated the council's progress. According to sources, the Iran war has 'affected everything' and the plans have currently stalled, creating uncertainty about future developments.
The stalled plans reflect broader geopolitical tensions that are hindering the council's operations. The funding gap and limited international support pose significant obstacles to achieving the council's goals in Gaza.