Trump Pledges US$10 Billion for Gaza Reconstruction Via Board of Peace, Equivalent to 14 Days of War Spending
US President Donald Trump announced commitments from Board of Peace members totalling US$7 billion (approximately Rp110 trillion) for reconstruction in Gaza, alongside a US$10 billion (approximately Rp162 trillion) pledge from the United States to support the rebuilding of the Gaza Strip, Palestine, through the Board of Peace.
The commitments were announced by Trump whilst chairing the inaugural Board of Peace summit in Washington on Thursday, 19 February 2026. Trump stated the US$10 billion American commitment to the Board of Peace initiative was a modest sum compared with the cost of war.
“That is equivalent to two weeks of fighting,” he said, as reported by NBC News on Friday, 20 February 2026. “It sounds like a lot, but it is a very small figure.”
Trump did not disclose where the $10 billion would come from, and the White House also did not respond to NBC News enquiries regarding the source of the committed funds.
According to Trump, the council is committed to achieving “lasting harmony in a region that has been plagued by conflict for centuries,” whilst also serving as a model for resolving protracted conflicts elsewhere in the world.
Trump added that the council would not only achieve peace in Gaza but would also intervene in “hotspots” around the globe. “We will help Gaza,” he said. “We will fix it. We will make it successful. We will make it peaceful. And we will do things like that elsewhere.”
More than 20 countries were expected to attend the meeting, according to White House Press Secretary Karoline Leavitt on Wednesday.
Several leaders from other member nations also attended, including representatives from Albania, Argentina, Armenia, Azerbaijan, Bahrain, Kazakhstan, Hungary, Pakistan, Paraguay, Uzbekistan, Vietnam, and Egypt. Additionally, representatives from Belarus, Jordan, Qatar, Saudi Arabia, the United Arab Emirates, Turkey, and Israel were present.
Representing the United States were President Trump, Vice President JD Vance, Secretary of State Marco Rubio, US Special Envoy Steve Witkoff, and Jared Kushner, Trump’s son-in-law and adviser.