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Trump Announces $5 Billion Gaza Reconstruction Pledge Ahead of Board of Peace Meeting

Trump Announces $5 Billion Gaza Reconstruction Pledge Ahead of Board of Peace Meeting. Source: Hla.bashbash, CC BY-SA 4.0, via Wikimedia Commons

U.S. President Donald Trump announced that member states of the newly formed Board of Peace are expected to pledge more than $5 billion for Gaza reconstruction and humanitarian aid at an upcoming meeting on Thursday. In a post shared on Truth Social, Trump said the funding commitment will support rebuilding efforts and provide urgent relief to civilians in the war-affected Palestinian enclave.

According to the president, participating nations have also agreed to contribute thousands of personnel to a United Nations-authorized stabilization force, along with support for establishing and training local police in Gaza. The initiative is part of a broader U.S.-backed strategy aimed at maintaining security and ensuring long-term stability following months of conflict between Israel and Hamas.

The first official gathering of the Board of Peace will be held at the Donald J. Trump Institute of Peace, recently renamed by the U.S. State Department. Delegations from more than 20 countries, including several heads of state, are expected to attend the high-level meeting focused on post-war recovery and regional security cooperation.

The creation of the Board of Peace was endorsed by a United Nations Security Council resolution and forms a central pillar of the Trump administration’s plan to end the Israel-Hamas war in Gaza. Although Israel and Hamas agreed to the ceasefire proposal last year, with the truce formally taking effect in October, both sides have repeatedly accused each other of violating the agreement.

Since the ceasefire began, Gaza’s Health Ministry reports that more than 590 Palestinians have been killed by Israeli forces. Israel, meanwhile, has stated that four of its soldiers have died in attacks carried out by Palestinian militants during the same period.

Regional powers including Turkey, Egypt, Saudi Arabia, Qatar, Israel, and Indonesia have joined the Board of Peace. However, several Western allies and major global powers have taken a more cautious approach to the initiative.

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