Donald Trump Announces $5 Billion Pledge For Gaza Reconstruction Under Board Of Peace

Washington: US President Donald Trump said on Thursday that the member countries of the 'Board of Peace' have promised to provide $5 billion (about Rs 41,000 crore) for the reconstruction and humanitarian assistance of Gaza. 79-year-old Trump said that this board will prove to be the most influential organization at the international level and he is proud to become its chairperson.

What is 'Board of Peace' and what is its purpose?

Trump said on his social media platform, Truth Social, that he had announced this board in October last year with the aim of ending the Gaza conflict. He claimed that the initiative has been unanimously approved by the United Nations Security Council (UNSC).

Trump said that this board has unlimited potential and after its formation, humanitarian aid was delivered at a record speed. He also said that with the help of this initiative, the release of all hostages, living and dead, was ensured.

What happened in the meeting held in Davos?

Trump said that last month there was a meeting with two dozen founding members of the Board of Peace in Davos, Switzerland. In this meeting, a new and comprehensive plan was presented for the citizens of Gaza, which also aims to establish global peace in the future. He said that Hamas will have to immediately and completely give up its weapons as per its promise.

What will be announced in Washington on February 19?

Trump said that on February 19, 2026, Donald J. The Board of Peace meeting will be held at the Trump Institute of Peace. During this period, member countries will formally announce financial assistance of more than 5 billion dollars for the reconstruction and humanitarian assistance of Gaza.

He said member states are also committed to deploying thousands of personnel for the International Stabilization Force and local police to maintain security and peace in Gaza.

Who is included in the 'Board of Peace' and what is the future plan?

The 20-member Board of Peace will meet at the US Institute of Peace. However, it is not clear how many members will attend this meeting and how many countries will send troops for the stabilization force. Indonesia has indicated it may deploy about 8,000 troops to Gaza by the end of June.

What is the current status of the Gaza war?

The main objective of the Board of Peace is to end the two-year-long war between Israel and Hamas in Gaza. Although America is continuously trying for a ceasefire, Israeli air strikes continue in Gaza, in which many civilians have died.

According to the Associated Press (AP) report, 591 Palestinians have been killed in Gaza since October. The conflict is exacerbating the humanitarian crisis in the region.