White House: $5 Billion via 'Peace Council' for Gaza Strip Reconstruction

White House spokesperson, Caroline Leavitt, confirmed that the $5 billion budget allocated for the reconstruction of the Gaza Strip, pledged by member states of the 'Peace Council,' will be placed under the direct and exclusive administration of the Council. Leavitt clarified in a press statement that this approach aims to ensure the implementation of reconstruction plans in accordance with the vision set by the new international council.

Washington D.C. is scheduled to host an expanded meeting of the Peace Council member states on Thursday, where US President Donald Trump will open the session with a keynote address. Trump's speech will be followed by a series of interventions from representatives of participating countries to present their vision for the next phase in the war-torn Palestinian territory.

The spokesperson revealed that the meeting will see the participation of more than 20 countries, and the list of these countries and the amount of donations each entity has committed to the Gaza reconstruction fund will be disclosed to global public opinion. She emphasized that this step represents significant progress in addressing the aftermath of years of chaos and violence in the region.

Regarding the mechanism for disbursing funds, Leavitt indicated that the Peace Council is the legally authorized body to determine spending priorities and how the allocated budget will be used. She added that a team of technocrats will work alongside the Council to make the necessary technical decisions in continuous consultation with donor countries.

On the diplomatic front, Turkish Foreign Minister Hakan Fidan's participation in this high-level meeting has been confirmed, where he will represent President Recep Tayyip Erdoğan in the discussions. This participation comes amid widespread regional interest in the new arrangements led by Washington to manage the situation in the Gaza Strip after the cessation of military operations.

It is worth noting that the 'Peace Council' came into being in mid-January by a decision from President Trump, as part of a broader plan to end the war in Gaza. The establishment of this council was based on UN Security Council Resolution No. 2803 issued in November 2025, which grants it international legal cover despite the controversy surrounding its powers.

Although the Council's charter does not explicitly mention the Gaza Strip by name in its founding texts, it is known as a permanent international organization aimed at promoting 'good governance' in conflict areas. The charter grants President Trump exceptional powers, including the right of veto and the authority to appoint members for life, which observers see as an attempt to bypass traditional UN structures.

The Peace Council is considered the cornerstone among four organizational structures designed by the US administration to manage the transitional phase in Gaza. The Council's tasks are integrated with the 'National Committee for Gaza Management' and the 'Gaza Executive Council,' in addition to the 'International Stabilization Force' which will undertake security tasks on the ground according to the provisions of Trump's twenty-point plan.

Media sources reported that the Washington meeting represents the Council's first official launch and will take the form of a donor conference entirely dedicated to reconstruction. This move aims to accelerate the implementation of the second phase of the ceasefire agreement that came into effect on October 10, 2025, to end the suffering of approximately 2.4 million Palestinians in the Strip.

These international efforts face significant challenges amid the catastrophic conditions experienced by Gaza residents, where more than 1.5 million displaced people still lack basic services. Through this massive investment, the White House seeks to establish a new political and security reality that ensures no return to comprehensive military confrontation.

We are talking about a five-billion-dollar investment for the reconstruction of Gaza, which has been a scene of violence for many years.