The Trump ‘Board of Peace’ announced a reconstruction package of $2.45bn for Gaza during a meeting on the sidelines of the UN General Assembly in New York. The plan will be spread across 66 programmes over six months, covering housing, diesel generators and waste removal, among other essential services.
Despite pledges of $18bn, the board says only $280m has been handed over so far, and it estimates that full recovery will cost roughly $71.4bn over the next decade.
Jared Kushner, the board’s Gaza Executive Board member and Trump’s son‑in‑law, said progress has been made but acknowledged delays. He added, “Our goal today was simply to show that we are truly fully committed to doing it.”
US envoy Steve Witkoff praised the board’s work, noting that all hostages are now home, a ceasefire has held – though imperfect – and that billions of dollars have been donated to meet urgent needs.
The plan still faces security challenges, governance overhaul, and the need for consensus between Israeli and Palestinian officials. US Secretary of State Marco Rubio highlighted that a number of countries have pledged support, but the board is actively seeking more donors.
Michael Eisenberg, an Israeli‑American board member, explained that Gaza must first clear unexploded ordnance and dismantle hundreds of kilometres of tunnels before reconstruction can resume.
The Board of Peace was created as part of Trump’s 20‑point Gaza peace plan, which called for the return of all 48 hostages in exchange for Palestinian prisoners, and the handover of Gaza governance to Palestinian technocrats.
Earlier statements condemned Israel’s ongoing air strikes and Hamas actions, with casualty figures of 1,381 Palestinians, including 300 children, since the ceasefire began. The Israeli military reported five casualties.
