The most recent development in the ongoing situation regarding Gaza is President Donald Trump's announcement of a multi-billion dollar reconstruction plan for the region, alongside the deployment of a UN-authorized International Stabilization Force (ISF). According to sources like Dawn and The Frontier Post, this initiative will be unveiled at the first formal meeting of Trump's Board of Peace on February 19, 2026, in Washington, D.C., with delegations from at least 20 countries expected to attend. The New York Times reports that the United Arab Emirates and the United States have each pledged over $1 billion to the initiative. However, the plan has faced criticism, particularly from European leaders at the Munich Security Conference, who argue that the Board bypasses the UN's mandate and serves as a personal vehicle for Trump, as noted by Middle East Eye and The Guardian. EU foreign policy chief Kaja Kallas highlighted that the Board's charter lacks accountability to Palestinians or the UN, raising concerns about its legitimacy and effectiveness.