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The UN-sanctioned body says the promised funds have not been met despite the need for Gaza.
Published on May 19, 2026
The agency established by the President of the United States Donald Trump to oversee the administration Gaza Strip He has said that it is the lack of money that is needed to continue the project.
Mr. Trump is called “Peace Council” has warned of a large gap between the funds provided and the $17bn pledged to the agency, according to media reports on Tuesday.
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“The money that has been given but not given represents the difference between the plan that exists on paper and the one that is given to the people of Gaza,” a May 15 report to the United Nations Security Council (UNSC) cited in the press says.
The lack of funds confirms the concerns of Peace Councilcritics already see it as a way to avoid tradition international organizations and support groups that Israel does not want to join in shaping the future of the destroyed Palestinian territory.
Reuters reported in April that the agency had received only a small portion of the $17bn in pledged funds, a report the agency denied at the time, saying there were “no financial problems”.
The cost of rebuilding Gaza, the vast territories destroyed during Israel’s civil war and efforts to destroy Palestine. house and houseestimated at $70bn.
The agency estimates in its report that 85 percent of Gaza’s buildings and infrastructure have it he is destroyed and that 70 million tons of waste must be removed.
The May 15 report before the UNSC said that the financial gaps should be closed “immediately”, without giving details of their size.
The Peace Council was approved by the UN as part of the peace process between Israel and the Palestinian militant group Hamas. But many countries have refused to participate in the body. Countries such as the United States, Saudi Arabia, the United Arab Emirates and Qatar have pledged funds to the organization, along with Morocco, Uzbekistan and Kuwait.
Israel has continued to block humanitarian access to Gaza and to act frequent beatings which has killed more than 800 Palestinians there since the so-called moratorium went into effect in October.
Organization He criticized Hamas for failing to end the war, saying that the group refused to relinquish control of the Gaza Strip. Hamas issued a statement condemning what it called “falsehoods” in the report.
The US often defends Israel from criticism and avoids blaming it for stalling negotiations from October 2023 since the start of the war.