Trump Announces $5 Billion in Gaza Reconstruction Pledges

The Board of Peace, chaired by Trump, will unveil the pledges at its inaugural meeting.

Published on Feb. 15, 2026

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President Donald Trump announced that members of his newly created Board of Peace have pledged $5 billion toward rebuilding the war-ravaged Gaza Strip. The pledges will be formally announced when the board members gather in Washington on Thursday for their first meeting. Trump also said the board will commit thousands of personnel to international stabilization and police forces for the territory.

Why it matters

Rebuilding Gaza will be a massive undertaking, with the United Nations, World Bank, and European Union estimating the cost at $70 billion. The ceasefire deal calls for an armed international stabilization force to maintain security and ensure the disarming of the militant Hamas group, a key demand of Israel. However, few countries have so far expressed interest in contributing to the proposed force.

The details

Trump said the Board of Peace pledges will be formally announced at the inaugural meeting on Thursday. He did not specify which member nations are making the pledges for reconstruction or will contribute personnel to the stabilization force. Indonesia's military has said it expects to have up to 8,000 troops ready by the end of June for a potential deployment to Gaza as part of a humanitarian and peace mission.

  • The Board of Peace will hold its inaugural meeting on Thursday, February 20, 2026.
  • Indonesia's military says it expects to have up to 8,000 troops ready by the end of June 2026 for a potential deployment to Gaza.

The players

Donald Trump

The chairman of the newly created Board of Peace.

Benjamin Netanyahu

The Israeli Prime Minister, who is not expected to attend the Board of Peace's inaugural meeting.

Board of Peace

A newly created international body chaired by Donald Trump, which has pledged $5 billion toward rebuilding Gaza.

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What they’re saying

“'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,'”

— Donald Trump (Social media)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This announcement highlights the Trump administration's efforts to sidestep the United Nations and reset the post-World War II international order through the creation of the Board of Peace. While the pledges represent a significant commitment to rebuilding Gaza, the success of the endeavor will depend on the ability to assemble an effective international stabilization force, which has proven challenging so far.