Trump says Board of Peace members to pledge over $5B for Gaza reconstruction

Trump says Board of Peace members to pledge over $5B for Gaza reconstruction
A view shows the destruction in a residential neighborhood, after the withdrawal of the Israeli forces from the area, in Gaza City, October 21, 2025
Reuters

U.S. President Donald Trump said on Sunday that member states of the newly formed Board of Peace will announce pledges exceeding $5 billion for Gaza’s reconstruction during a gathering in Washington this week.

In a post on his Truth Social platform, Trump said the announcement will be made on 19 February at the Donald J. Trump Institute of Peace in Washington, D.C.

“Member states have pledged more than $5 billion dollars toward the Gaza humanitarian and reconstruction efforts,” he wrote.

He added that member states have also “committed thousands of personnel to the International Stabilization Force and local police to maintain security and peace for Gazans.”

Trump described the Board of Peace as having “unlimited potential,” recalling that last month “two dozen distinguished founding members” joined him in Davos, Switzerland, to mark its formation and outline what he called a “bold vision” for Gaza’s civilian population.

“The Board of Peace will prove to be the most consequential international body in history, and it is my honor to serve as its chairman,” he wrote.

Stabilization force and regional developments

Trump’s comments came amid reports that Indonesia is considering deploying up to 8,000 troops to Gaza as part of an international security arrangement.

Last month, the White House announced the formation of a “technocratic” National Committee for the Administration of Gaza, tasked with overseeing a transitional phase under what it described as Trump’s 20-point plan for the war-battered enclave.

A ceasefire agreement ended Israel’s two-year war in Gaza, which according to Palestinian health authorities killed more than 72,000 Palestinians and destroyed approximately 90% of civilian infrastructure. The United Nations has estimated reconstruction costs at around $70 billion.

Gaza’s Health Ministry has also reported that at least 601 Palestinians have been killed and more than 1,600 injured in Israeli attacks since the truce took effect.

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