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Donald Trump to unveil $5 billion Gaza aid fund at Washington ‘Board of Peace' event

The Board of Peace pledges over $5 billion and thousands of personnel for Gaza's reconstruction and security under Trump’s 20-point postwar plan, amid a $70 billion estimated rebuilding cost.

  • On February 15, 2026, President Donald J. Trump announced the Board of Peace has pledged more than $5 billion and committed thousands of personnel, with formal unveiling set for February 19, 2026 in Washington.
  • Reconstruction estimates show Gaza rebuilding costs $70 billion, per United Nations, World Bank and European Union, while the US-brokered ceasefire's second phase demands Israeli withdrawal and Hamas disarmament.
  • The Board of Peace's formation includes 26 founding members, with an executive core of eight members, including Chairman Trump, Marco Rubio, Steve Witkoff, Jared Kushner, and Tony Blair, following a Davos meeting last month.
  • So far, participation remains uncertain as Indonesia's military says up to 8,000 troops could be ready by late June, while France and Britain have expressed doubts despite the first firm commitment.
  • Controversies include the Board charter not limited to Gaza, a US$1 billion permanent membership fee, Russian President Vladimir Putin's invitation, and litigation over the Donald J. Trump Institute of Peace building.
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Center

Reconstruction and assistance for Gaza. Donald Trump promises to do so with his self-created peace council. Experts see this as only a short-term goal.

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Trump says Board of Peace will unveil $5B in Gaza pledges at meeting

He did not detail which member nations were making the pledges for reconstruction or would contribute personnel to the stabilization force.

·United States
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The Straits Times broke the news in Singapore on Saturday, February 14, 2026.
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