Historic $7 Billion Pledge for Gaza Relief Announced
At the inaugural Board of Peace meeting, President Donald Trump announced a significant pledge of USD 7 billion from nine countries towards Gaza relief. The announcement underscores a coordinated effort to rebuild and stabilize the region, with an additional USD 10 billion commitment by the US for future initiatives.
Devdiscourse News Desk | Washington DC | Updated: 19-02-2026 21:03 IST | Created: 19-02-2026 21:03 IST
- Country:
- United States
During the inaugural Board of Peace meeting, President Donald Trump revealed that nine countries have committed USD 7 billion for a Gaza relief fund. The countries, including Kazakhstan, Azerbaijan, and the UAE, aim to support the reconstruction of the war-torn region.
Despite the significant pledge, Trump acknowledged that the funds represent only a fraction of the USD 70 billion estimated to rebuild Gaza. He emphasized that each dollar is an investment in long-term regional stability and harmony.
Additionally, Trump announced a further USD 10 billion commitment by the US for the Board of Peace, without specifying its intended use. The initiative is seen as a foundation for building a peaceful and prosperous future.
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