On February 15, 2026, President Donald Trump announced that his newly established Board of Peace has pledged $5 billion for the reconstruction of Gaza, alongside thousands of personnel for international stability forces in the region. Trump stated, "The Board of Peace will prove to be the most productive international institution in history, and it is an honor for me to chair it." However, details regarding which member countries are making these commitments remain unclear. The reconstruction of Gaza is estimated to cost around $70 billion, according to the UN, World Bank, and EU, following over two years of Israeli bombardment that left much of the region devastated. Despite a ceasefire agreement brokered by the U.S. on October 10, Israeli forces continue sporadic airstrikes. Notably, Indonesia's military announced readiness to deploy up to 8,000 troops to Gaza by the end of June as part of humanitarian and peace missions, marking the first clear commitment received by the Republican president regarding Gaza's reconstruction. Meanwhile, the participation of Israeli Prime Minister Benjamin Netanyahu in the Board's inaugural meeting is not anticipated, raising questions about the Board's legitimacy and potential to bypass the UN system, as many European allies express reluctance to join due to fears it could rival the Security Council.