Trump: 'Board of Peace' backers pledge $5 Billion for Gaza

US President Donald Trump announced that the member states of the newly formed "Board of Peace" have pledged $5 billion for the reconstruction of Gaza. This commitment includes the provision of thousands of personnel to support a United Nations-authorized stabilization force. Trump made this announcement during a statement regarding the board, which he unveiled at the Davos Economic Forum in Switzerland last month. The first meeting of the Board of Peace is scheduled to take place on February 19, 2026, in Washington, DC. Approximately 20 countries, including heads of state, are expected to attend this meeting. The Board of Peace aims to govern Gaza and facilitate its reconstruction efforts following recent conflicts. The meeting will be held at the Donald J. Trump Institute of Peace, where Trump is expected to provide further details about the multi-billion-dollar reconstruction plan and the UN-mandated stabilization force. The initiative has garnered attention and some skepticism from various U.S. allies, as it involves nearly all major Middle Eastern countries, including Qatar, as members of the board. Overall, the Board of Peace represents a significant international effort to address the challenges facing Gaza and aims to foster stability in the region through collaborative reconstruction efforts and support from member states.