The Peace Council reported raising $10 billion for Gaza, with additional contributions from several countries, though specifics on fund allocation were not detailed.
In a recent meeting of the newly formed Peace Council, U.S. President Donald Trump announced a significant financial commitment of $10 billion for Gaza. He highlighted contributions from various countries, collectively amounting to over $7 billion, which were earmarked as part of an aid package for the Palestinian enclave. The countries involved in this initiative include Kazakhstan, Azerbaijan, the United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait, showcasing a broad support from the region.
Additionally, Trump mentioned Japan's commitment to raise funds for Gaza and outlined that the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) is working to collect an extra $2 billion. This international fundraising effort aims to bolster humanitarian assistance in Gaza. Trump also noted that FIFA is looking to raise $75 million for projects in Gaza, and Norway plans to host a related initiative, although they clarified they are not a member of the Peace Council.
Despite the optimistic comments about the aid, Trump did not provide specific details on how the raised funds would be utilized, which raises questions about the transparency and effectiveness of the proposed financial assistance. The overall impact of this funding initiative on the humanitarian situation in Gaza remains to be seen as the commitments from various nations could play a pivotal role in addressing the region's ongoing challenges.
