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

The pledges will be announced at the inaugural meeting of the newly created Board of Peace, which Trump says will be the "most consequential International Body in History."

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 and will commit thousands of personnel to international stabilization and police forces for the territory. The pledges will be formally announced when board members gather in Washington on Thursday for their first meeting.

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 expressed interest in taking part in the proposed force so far.

The details

Trump said the Board of Peace will prove to be the "most consequential International Body in History," and that he is honored to serve as its Chairman. Indonesia's military has said it expects to have up to 8,000 of its troops ready by the end of June for a potential deployment to Gaza as part of a humanitarian and peace mission, which is the first firm commitment Trump has received. The ceasefire deal was brokered by the U.S. in October 2024 to halt more than 2 years of war between Israel and Hamas, but Israeli forces have continued airstrikes and firing on Palestinians near military-held zones.

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

The players

Donald Trump

The President of the United States and Chairman of the newly created Board of Peace.

Benjamin Netanyahu

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

Indonesian Military

Has said it expects to have up to 8,000 troops ready for potential deployment to Gaza as part of a humanitarian and peace mission 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, President of the United States (Social media posting)

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 ambition to sidestep the United Nations and reset the post-World War II international order through the newly created Board of Peace. While the $5 billion in pledges for Gaza reconstruction is significant, the broader mandate and composition of the board remain unclear, raising concerns among some of America's top allies about its potential to rival existing international bodies.