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Trump Administration Considers Directing $5B in Palestinian Tax Revenue to Gaza Reconstruction

GateNews

2026-05-15 16:32:51

According to Reuters, the Trump administration is considering requesting Israel to transfer part of the withheld Palestinian tax revenue to fund a U.S.-backed transitional government for Gaza reconstruction, five sources revealed on May 16. Under the proposal, some of the funds would support the transitional government, while the remainder would be allocated to the Palestinian Authority after reforms. The Palestinian Authority said the total withheld tax revenue amounts to $5 billion.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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