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Trump's peace initiative proposes $2.45bn Gaza reconstruction program

A newly formed board established to promote peace in the Middle East has unveiled a multibillion-dollar recovery plan for Gaza. The announcement came during a board meeting held on the margins of the UN General Assembly in New York.

LSN World News · 24 September 2026

Trump's peace initiative proposes $2.45bn Gaza reconstruction program

The Board of Peace revealed a comprehensive $2.45 billion reconstruction initiative aimed at supporting Gaza's economic recovery and development following years of conflict. The proposal was presented during discussions held alongside the ongoing UN General Assembly proceedings, bringing together stakeholders focused on regional stabilization efforts.

The recovery plan represents a significant financial commitment toward rebuilding Gaza's infrastructure and supporting its population. Details regarding the specific allocation of funds across various sectors and the implementation timeline remain under review as the board continues consultations with relevant parties and international organizations.

The initiative reflects broader efforts to establish frameworks for long-term peace and prosperity in the Middle East region. The Board of Peace has positioned the proposal as a constructive step toward addressing humanitarian concerns and fostering conditions for sustainable development in Gaza.

Official statements indicate that further meetings will be convened to refine the plan's details and secure commitments from international donors and partner nations. The board has emphasized the importance of coordinated international support in achieving the recovery objectives outlined in the initiative.