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

  • 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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112 Articles

Center

According to US President Trump, the "Peace Council" wants to provide more than five billion dollars for the reconstruction of the Gaza Strip. On Thursday, the panel will meet for the first time in Washington.

·Hamburg, Germany
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Lean Left

He did not specify which countries had offered money or people, the details will be made public at the first meeting on Thursday.

The U.S. President's body is controversial, and the total reconstruction costs are also estimated to be multiple times the sum Trump is now announcing. The U.S. President also announces security personnel to be deployed in the Gaza Strip.

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