Trump's Board of Peace unveils $2.45bn plan to begin Gaza's reconstruction
Summary
President Donald Trump's Board of Peace announced a $2.45 billion plan to help start rebuilding Gaza over six months. The plan covers projects like housing, power, and waste removal, but much more money and cooperation will be needed to fully recover over the next decade.Key Facts
- The $2.45 billion funding is spread across 66 projects for Gaza reconstruction over six months.
- So far, $18 billion has been promised for Gaza recovery, but only $280 million has been given.
- The Board of Peace estimates Gaza will need about $71.4 billion for full recovery in the next ten years.
- Jared Kushner, a Board member and President Trump's son-in-law, acknowledged delays in the project.
- US envoy Steve Witkoff said there is a ceasefire in place, and many humanitarian efforts have been made.
- Security, governance, and coordination between Israelis and Palestinians remain major challenges.
- Hamas agreed to disarm and release hostages in exchange for prisoner releases and new governance, but Israeli Prime Minister Netanyahu rejects withdrawing military presence until Hamas is disarmed.
- The Board of Peace was part of President Trump’s Gaza peace plan introduced last year with Israel’s Prime Minister Netanyahu.
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