Donald Trump revealed that the Peace Board, which he championed establishing, will announce at its first meeting this week a $5 billion fund to help rebuild the Gaza Strip.
On Sunday, 15 Feb 2026, Donald Trump, President of the United States, posted on Truth Social that member countries of the "Board of Peace" will announce their commitments at an upcoming meeting on Thursday, 19 Feb, to provide over $5 billion for Gaza Strip reconstruction and humanitarian aid.
Trump's post stated that member countries pledged to send thousands of personnel to join a UN-authorized stabilization force and local police in the Palestinian territories.
Thursday's meeting, the Board's first official gathering, will be held at the Donald J. Trump Peace Institute, recently renamed by the State Department (formerly the United States Institute of Peace - USIP), and is expected to host delegations from over 20 countries, including heads of state.
The establishment of the Peace Board was endorsed by a United Nations Security Council resolution as part of Trump's administration plan to end the war between Israel and Hamas in the Gaza Strip, before expanding toward global stabilization efforts.
Although regional powers in the Middle East—including Turkey, Egypt, Saudi Arabia, Qatar, and Israel—as well as emerging nations like Indonesia have joined the Board, global powers and U.S. Western allies remain cautious about committing to participation.
The U.S. leader previously said that countries wishing to become permanent members of the Board must pay a $1 billion fee, sparking criticism that the Board could become a “pay-to-play” version of the United Nations Security Council.
Several countries including Croatia, France, Italy, New Zealand, and Norway have already declined to join.
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Source:cna