LiveTuesday · 27 October 2026Vol. VIII · No. 300
Bangalore
22°C · Mostly clear22°C
Tue, 27 Oct
Latest
World

Trump's Board of Peace unveils $2.45bn plan to begin Gaza's reconstruction

The figure was announced during a meeting of the group's board at the sidelines of the UN General Assembly in New York.

Trump's Board of Peace unveils $2.45bn plan to begin Gaza's reconstruction

US President Donald Trump's Board of Peace has announced a Gaza recovery plan worth $2.45bn (£1.85bn) during a meeting on the sidelines of the UN General Assembly.

The funding will be spread across 66 programmes over six months, and directed at housing, diesel generation and waste removal, among other needs.

But the board admitted substantial donations were still needed, with $18bn pledged but only $280m handed over so far. The board estimates full recovery and reconstruction will require about $71.4bn over the next decade.

Jared Kushner, Gaza Executive Board member and Trump's son-in-law, conceded the project faced "different delays on different things, for whatever reason".

"The goal of today was really just to show you that we're really fully committed to doing it," he told the meeting of board members and stakeholders.

He was joined in New York by US envoy Steve Witkoff, who said the group had made "real progress" over the past year.

"All of the hostages are home. There is a ceasefire, imperfect as it may be, but it still exists. Humanitarian efforts have achieved historic results, with billions of dollars donated and pledged to meet urgent needs and support the long work of recovery," Witkoff added.

In addition to fundraising, the plan faces significant challenges including how to ensure security for those operating in Gaza, overhaul internal governance and find consensus between Israeli and Palestinians officials.

US Secretary of State Marco Rubio told a separate press conference on Wednesday that "a number of countries have stepped forward and pledged financial assistance" and the board was "looking for more that will participate in that".

Michael Eisenberg, an Israeli-American Board of Peace member, told the BBC's Newshour programme what the next steps were likely to be.

"Because it's a war zone, you need to remove unexploded ordnance. And then there are still hundreds of kilometres of tunnels underneath Gaza which need to be destroyed as well.

"Once that's all done, Gazans can get to rebuilding again: whether it's housing, or better sanitation, or other things," Eisenberg said.

In August, a senior official on the Board of Peace, Nickolay Mladenov, criticised Israel's continuing air strikes on Gaza, as well as the actions of Hamas.

In August, Mladenov warned that a collapse of last October's ceasefire would be "a point of no return" for the region.

At least 1,381 Palestinians, including 300 children, have been killed in Israeli attacks in Gaza since the US-brokered ceasefire began, according to the territory's Hamas-run health ministry, whose figures are considered reliable by the UN.

The Israeli military says five of its soldiers have been killed in combat since the ceasefire and one contractor was killed in an "operational accident".

The Board of Peace was created as part of Donald Trump's 20-point Gaza peace plan, which he unveiled alongside Israeli Prime Minister Benjamin Netanyahu in September last year.

Hamas agreed to return all 48 remaining hostages being held in Gaza in exchange for Palestinian prisoners in Israeli jails and Gaza detainees, and to the idea of handing over the governance of Gaza to Palestinian technocrats.

In July, Hamas said it had accepted a disarmament plan for Gaza which will see it lay down its arms, provided Israel ends "all forms of aggression" and withdraws its forces from Gaza.

But that was later rejected by Netanyahu, who said the military would stay in Gaza until Hamas is "genuinely" disarmed.

The Board of Peace was originally thought to be an international organisation intended to bring peace to Gaza, but later expanded to include conflicts worldwide.

US launches phase two of Gaza peace plan with new technocratic government

If Hamas disarmament plan holds, it could mark first credible step to ending Gaza war

Netanyahu's rejection of Trump's 15-point Gaza plan unlikely to be final word

Board of Peace's Gaza envoy criticises Israeli strikes and Hamas actions

Related in World

Latest Across Vijaya Chronicle

Williams loses again - to opponent 28 years younger
Sports

Williams loses again - to opponent 28 years younger

Former world number one Venus Williams, 46, loses for the 16th match in a row as she is beaten by an opponent 28 years younger.

BBC Sport27 Oct
India to examine Liechtenstein’s proposal for double tax avoidance pact
Crime

India to examine Liechtenstein’s proposal for double tax avoidance pact

A DTAA is a bilateral treaty between India and another country to prevent the same income from being taxed in both nations. | India News

Hindustan Times27 Oct
19-month-old cheetah cub dies of gunshot injuries in MP's Kuno National Park; pellets extracted from body
Crime

19-month-old cheetah cub dies of gunshot injuries in MP's Kuno National Park; pellets extracted from body

The cub was rescued from Pahargarh range in Morena and brought to Kuno National Park, where he died during treatment. | India News

Hindustan Times27 Oct
Theni jailbreak: 13 of 17 inmates recaptured, 9 prison staff suspended; Opposition slams govt
Crime

Theni jailbreak: 13 of 17 inmates recaptured, 9 prison staff suspended; Opposition slams govt

As many as 17 special teams were formed to trace the absconding convicts by the police. | India News

Hindustan Times27 Oct
‘Magazine’: How Shubham Shevade turned a Maharashtra village into a dazzling Marathi indie
Cinema

‘Magazine’: How Shubham Shevade turned a Maharashtra village into a dazzling Marathi indie

The debutant writer-director opens about returning from Los Angeles to India to tell his own stories, how the unconventional structure of ‘Magazine’ took shape, why he thinks he was delusional during production and more

The Hindu — Cinema27 Oct
TVK's Keerthana hits back at criticism over ‘gold ornaments', says Vijay's support keeps her strong
Crime

TVK's Keerthana hits back at criticism over ‘gold ornaments', says Vijay's support keeps her strong

In a post on X, TVK minister Keerthana said she was being subjected to intense scrutiny, with critics questioning her statements and actions. | India News

Hindustan Times27 Oct