From the Liveblog of
Thursday, February 19, 2026
Trump says US to contribute $10 billion to Board of Peace
Add ToI as a Preferred Source on GoogleJacob Magid is The Times of Israel's US bureau chief
WASHINGTON — US President Donald Trump announces that Washington will contribute $10 billion to the Board of Peace tasked with overseeing the postwar management of Gaza.
The figure is far higher than the $1 billion that officials initially believed that the US would donate.
There is no breakdown of the funds or timeline for when they will be transferred.
Addressing the inaugural meeting of the Board of Peace, Trump says Kazakhstan, Azerbaijan, the United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait have also agreed to contribute what amounts to over $7 billion to the cause.
Trump says the latter group will be giving a “relief package,” indicating that their funds will go largely toward humanitarian aid.
Separately, the UN Office for Coordination of Humanitarian Affairs is raising $2 billion for the support of Gaza, Trump announces.
Trump says FIFA has agreed to “raise a total of $75 million for projects in Gaza,” which will be “soccer-related.”
He claims that Japan has also agreed to host a Gaza fundraiser and that Norway has agreed to host a subsequent Board of Peace event.
The Times of Israel Community.