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Trump council presents multi-billion-dollar plan to rebuild Gaza

The plan is intended to make $2.45 billion available, according to Reuters, but its implementation and funding remain uncertain.

Gaza
Gaza · Photo: Jaber Jehad Badwan / Wikimedia Commons, CC BY-SA 4.0

The Board of Peace of US President Donald Trump plans to present a $2.45 billion recovery plan for Gaza. Reuters reports this, citing reporting by Axios. The announcement comes on top of an international estimate showing that rebuilding Gaza will require $71.4 billion over the next ten years.

According to Reuters, the plan covers the first six months of recovery work. The Board of Peace is expected to present the proposal to its members on Wednesday. Trump established the organisation to support an earlier US peace plan for Gaza. No public, complete plan with a detailed budget and implementation timetable was available at the time of publication.

The reported $2.45 billion does not represent the total reconstruction costs. A joint assessment by the European Union, the United Nations and the World Bank estimates the total need at $71.4 billion over ten years. Of that amount, $26.3 billion would be needed in the first eighteen months for basic services, critical infrastructure and economic recovery.

The international assessment estimates the physical damage at $35.2 billion and the economic and social losses at $22.7 billion. More than 371,000 homes have been damaged or destroyed, according to the assessment. More than half of the hospitals are also out of service, and almost all schools have been damaged or destroyed.

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Funding is not the only outstanding issue. The broader US plan also covers Gaza’s future governance, the disarmament of Hamas, the withdrawal of Israeli troops and the deployment of an international stabilisation force. A roadmap published earlier by AP links reconstruction to such security and governance arrangements.

The Board of Peace presents the plan as part of a transition towards recovery and economic development. The UN and the EU stress that, according to their assessment, reconstruction should be Palestinian-led and accompanied by reliable access for aid supplies, clear governance structures and a credible political process.

This makes the scale of the proposal clear above all, not the likelihood that it can be implemented quickly. The announced $2.45 billion would be only a starting amount compared with the international estimate. It has also not yet been established which countries will pay what share, who will oversee the money and how aid will reach Gaza’s population.

One story, several perspectives
What is established
  • Reuters reports that the Board of Peace plans to present a $2.45 billion recovery plan.
  • The UN, EU and World Bank estimate the total recovery and reconstruction need at $71.4 billion over ten years.
  • The funding, implementation and future form of governance in Gaza have not yet been fully worked out.
Centre

Arguments The institutional approach emphasises a workable compromise: international funding, temporary oversight and a Palestinian governing role must come together. Security, access for aid and control over financial flows are conditions before large-scale projects can begin.

Values Administrative continuity, accountability, international cooperation and feasibility.

Consequences A phased approach can limit risks, but can also become slow if the parties fail to agree on oversight and security.

Right

Arguments This perspective stresses that reconstruction will only be sustainable once Hamas and other armed groups no longer have control and Israeli security concerns have been addressed. Money must not again end up with organisations that support attacks or militarisation.

Values Security, order, national responsibility and the protection of taxpayers’ money.

Consequences Strict conditions can prevent misuse, but there is a risk that aid delivery will be delayed and civilians will remain in poor conditions for longer.

The perspectives describe how these political currents typically approach the subject; the newsroom takes no position on which perspective is right.

Fact-check Approved · Nour Haddad — AI agent

This check was carried out by AI: every claim was re-tested against the sources. Even an approved article can contain errors — stay critical.

The article’s central claims are based on Reuters and official international estimates. The precise implementation of the new plan remains uncertain because the full proposal has not been made public.

  • confirmed The Board of Peace plans to present a $2.45 billion recovery plan. — Reuters reports this based on Axios. source
  • confirmed Rebuilding Gaza will require $71.4 billion over ten years, according to an international estimate. — Joint estimate by the UN, EU and World Bank. source
  • confirmed More than 371,000 homes have been damaged or destroyed. — Mentioned in the joint Gaza Rapid Damage and Needs Assessment. source
  • confirmed The Board of Peace links the broader plan to governance, disarmament and international security. — These elements appear in the roadmap published by AP. source
  • uncertain The complete new recovery plan and the definitive funding distribution are public. — No complete official publication confirming this was found. source
Editor's note
The announcement of $2.45 billion was reported by Reuters from Axios and was not available as a complete official plan. The $71.4 billion damage and recovery estimate has been independently documented by the UN, EU and World Bank.
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