Board of Peace members have pledged more than $5 billion for Gaza, Trump says

Former US President Donald Trump announced that members of the Board of Peace have pledged over $5 billion in aid for Gaza during a press conference in Washington on October 15, 2023, amid ongoing humanitarian crisis in the region following recent conflicts. The Board of Peace, an international consortium of philanthropists and business leaders established in 2020, committed the funds to support reconstruction efforts, medical supplies, and essential services in the war-torn region. Trump, who serves as an honorary member of the board, emphasized that the pledge represents 'the largest private humanitarian investment in Gaza's history' and will be distributed through a network of local and international aid organizations. The announcement comes as Gaza continues to recover from months of intense conflict that damaged critical infrastructure, displaced thousands of civilians, and created severe shortages of food, water, and medical supplies. United Nations officials have estimated that reconstruction costs exceed $4 billion, with immediate humanitarian needs accounting for an additional $1.3 billion. The Board of Peace's commitment aims to address both immediate relief and long-term rebuilding efforts.