Washington, February 16 (QNA) - US President Donald Trump announced that the recently formed Board of Peace will unveil a humanitarian and reconstruction aid package for Gaza, along with a major international security commitment, during the Board's inaugural meeting in Washington scheduled for next Thursday.

In a post on his Truth Social platform, Trump said that on February 19, 2026, he would join members of the Board of Peace, where it would be announced that member states had pledged more than $5 billion to support humanitarian efforts and the reconstruction of Gaza. He added that thousands of personnel were assigned to the international stabilization force (ISF) and local police to maintain security in Gaza.

The upcoming meeting will mark the first official session for the Board of Peace.

Trump called the initiative a turning point for Gaza’s future.

The New York Times, citing officials, reported earlier that the United States had pledged over $1 billion to fund the Board's projects in Gaza.

A White House official confirmed that the administration expects additional pledges in the coming weeks, noting that Trump’s 20-point plan, announced last September and which paved the way for a ceasefire, stipulates that the Board of Peace will manage funding and establish the overall framework for Gaza’s redevelopment.

According to sources, a large portion of the financial pledges is designated for humanitarian projects in Gaza, as well as support for the ISF.

More than 20 countries have so far joined the Board of Peace launched on Jan 22 by President Donald Trump. The Board's founding charter was signed during a ceremony on the sidelines of the World Economic Forum in Davos, Switzerland. (QNA)