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Trump’s Board of Peace has received zero dollars in its World Bank fund four months after launch — FT
The financial fund set up by the World Bank for Trump’s Board of Peace has received no money from donors four months after its establishment, the Financial Times reported, citing four people familiar with the matter.
Instead, donations have been routed through a JPMorgan account with no independent transparency requirements.
Morocco’s ~$20 million has funded the office of Nickolay Mladenov, the board’s ‘high representative’ for postwar Gaza, and salaries for a Palestinian technocratic committee. The UAE provided $100 million to train a Gaza police force, but the program has yet to start and the funds are frozen.
Member states had pledged $7 billion for the board’s Gaza relief package and Trump promised a further $10 billion in U.S. funding.
”Not one US dollar has been deployed for the rebuilding of Gaza,” two people familiar with postwar planning told the FT. No reconstruction contracts have been awarded.Quote
FT Exclusive: Four months after its establishment, the organisation’s financial fund set up by the World Bank has received no money from donors, according to four people familiar with the matter. https://ft.trib.al/aqWkkaM
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