Trump Says Board of Peace Will Unveil $5 Billion in Gaza Reconstruction Pledges

Indonesia's military also says up to 8,000 of its troops could be ready to deploy to Gaza by June.

Published on Feb. 16, 2026

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President Donald Trump announced that members of his newly created Board of Peace have pledged $5 billion toward rebuilding war-ravaged Gaza. The pledges will be formally announced when 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. Indonesia's military has said up to 8,000 of its troops are expected to be ready by the end of June for a potential deployment to Gaza as part of a humanitarian and peace mission.

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 keep security and ensure the disarming of the militant Hamas group, a key demand of Israel. However, few countries have so far expressed interest in taking part in the proposed force.

The details

The $5 billion in pledges from the Board of Peace members will be formally announced at their inaugural meeting on Thursday in Washington. Trump did not specify which member nations are making the pledges for reconstruction or will contribute personnel to the stabilization force. Indonesia's military is the first to commit troops, saying up to 8,000 of its soldiers could be ready by the end of June for a potential deployment to Gaza.

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

The players

Donald Trump

The former U.S. president who created the Board of Peace and is serving as its chairman.

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 formed by former President Trump to address global crises, including the conflict in Gaza.

Indonesia's Military

The Indonesian armed forces, which have said up to 8,000 of their troops could be ready to deploy to Gaza by the end of June 2026.

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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 ambitious scope of Trump's Board of Peace, which aims to sidestep the United Nations and reset the post-World War II international order. While the $5 billion in pledges for Gaza reconstruction is a significant commitment, the broader challenge of securing an international stabilization force for the territory remains unresolved.