KATHMANDU — U.S. President Donald Trump’s proposed Peace Board for Gaza appears to be in a state of confusion, primarily due to a significant lack of funding, according to various reports. While approximately $17 billion had been pledged for the reconstruction of Gaza, it is reported that less than $1 billion has actually been received to date.
Among the ten countries that initially pledged support, only the United Arab Emirates, Morocco, and the United States have provided funds so far. The process has reportedly been further slowed by rising tensions with Iran and a near-war environment in the region.
Most of Gaza’s infrastructure has been destroyed due to the two-year-long conflict, with reconstruction costs estimated at around $70 billion. Recent developments indicate that Gaza has faced intense warfare between Israel and Hamas in recent months, leading to massive loss of life and property from continuous airstrikes and ground operations. Although ceasefire efforts began following international pressure, the situation remains unstable. The reconstruction plan was intended to move forward despite this instability.
Currently, financial shortages and political disputes have created hurdles in implementing the peace plan. However, the Trump administration has denied these allegations, claiming that there is no shortage of funds.
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