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Trump’s Board of Peace to unveil $2.45 billion Gaza recovery plan, Axios reports

By Thomson Reuters Sep 23, 2026 | 4:32 AM

Sept 23 (Reuters) – US President Donald Trump’s Board of Peace will unveil a six-month, $2.45 billion recovery plan for Gaza at a meeting of ​its members on Wednesday, Axios reported.

The 66-project ‌proposal includes estimated spending for temporary housing, rubble removal, hospital repairs, economic recovery and the deployment of a multinational security force, the report added, citing a copy of the plan.

The White ‌House ​and US Department of State ⁠did not immediately respond ⁠to requests for comment.

The plan estimates physical damage in Gaza at $35.2 billion and says full recovery and reconstruction will require about $71.4 billion over the next ​decade, the Axios report added.

It also calls for repairing border crossings, restoring electricity and water infrastructure, deploying ⁠25,000 portable solar power kits ⁠and permanently filling tunnels beneath sites needed ​for priority reconstruction projects.

Trump’s administration told Congress in late ​July it is sending more than $206 million for a ‌proposed Gaza peacekeeping force, the first significant funding for the stalled US plan to rebuild the devastated enclave.

Trump set up a Board of Peace to oversee ⁠his ambitious plan to end Israel’s war in Gaza.

But since the announcement of an agreement in late July, the effort ⁠has stalled, ‌with both Israel and Palestinian militants ⁠Hamas refusing to fulfill conditions that would ​allow ‌the deal to move ahead.

The report said ​the Board ⁠of Peace and the Palestinian government have not secured the entire $2.45 billion but are confident that, once political hurdles are cleared, donor countries will step up.

(Reporting by Anusha Shah in Bengaluru; Editing by Alex Richardson ​and Xevi Fontdegloria)