US President Donald Trump said on Sunday that the member states of his so-called “Board of Peace” have pledged more than $5 billion (€4.2 billion) ‌ for reconstruction and humanitarian efforts in Gaza. Reconstruction of Gaza is expected to cost $70 billion, according to United Nations, World Bank and European Union estimates, after more than two years of war. The US-brokered October 10 ceasefire calls for an armed international force to provide security and disarm Hamas, but few nations have expressed interest. Trump is also urging Hamas to move ahead with full disarmament under his postwar plan for Gaza. Disarmament is an important part of the second phase of the US-mediated ceasefire plan that was agreed in October between Israel and Hamas.

Source: Dhaka Tribune February 16, 2026 13:44 UTC