In a significant development for Gaza's reconstruction, U.S. President Donald Trump announced a $10 billion contribution during the inaugural meeting of the 'Board of Peace' on February 19, 2026. This meeting, attended by representatives from over 45 nations, aims to facilitate the rebuilding of Gaza following the recent conflicts. Trump emphasized the urgency of the initiative, stating, "Very little talk, all action," and framing the funding as a cost-effective alternative to war. He noted that nations have pledged a total of $7 billion for the Gaza reconstruction fund, contingent upon the disarmament of Hamas militants, which remains a contentious issue. The estimated cost for rebuilding Gaza is projected to be as high as $70 billion, highlighting the scale of the challenge ahead (Reuters).