President Donald Trump said he will formally unveil more than $5 billion in pledged funding for humanitarian relief and rebuilding efforts in Gaza during a Thursday gathering of the Board of Peace in Washington.

In a post on Truth Social, Trump stated that participating countries have also agreed to contribute thousands of personnel to a U.N.-authorized international stabilization force and local policing structure aimed at maintaining order in the Palestinian enclave. He said Hamas must adhere to “full and immediate demilitarization” under the terms of the agreement.

The announcement is scheduled for February 19 at the Donald J. Trump U.S. Institute of Peace, the federal institution formerly known as the U.S. Institute of Peace. The board’s formation was endorsed by a resolution of the United Nations Security Council as part of the Trump administration’s broader ceasefire initiative between Israel and the terrorist organization Hamas.

Israel and Hamas agreed last year to a U.S.-brokered ceasefire that took effect in October. While major combat operations have largely subsided, both sides have accused each other of violations. Gaza health authorities report hundreds of Palestinian deaths since the ceasefire began, while Israel has said several of its soldiers have been killed during the same period.

The reconstruction effort is expected to be extensive. Estimates from the United Nations, World Bank, and European Union place rebuilding costs at roughly $70 billion after more than two years of fighting left widespread destruction across the Gaza Strip.

Trump did not specify which nations pledged funding or personnel. However, Indonesia’s military announced that up to 8,000 troops could be ready by late June for potential deployment as part of a humanitarian and peace mission, the first publicly confirmed large-scale commitment tied to the new structure.

Regional powers, including Turkey, Egypt, Saudi Arabia, Qatar, and Israel, have joined the board, along with emerging nations such as Indonesia. Several traditional Western U.S. allies have been more cautious, with some declining to participate amid questions about the board’s long-term scope and its relationship to existing international institutions.

Originally conceived as a mechanism to end the Israel-Hamas war, the Board of Peace has expanded in ambition. Trump has described it as a vehicle not only for stabilizing Gaza but also for addressing broader global conflicts.

Israeli Prime Minister Benjamin Netanyahu, who met with Trump at the White House last week, is not expected to attend the initial session.

The ceasefire agreement calls for an armed international stabilization presence tasked with enforcing security and overseeing the disarmament of Hamas, a central demand of Israel. To date, relatively few countries have publicly committed forces to the proposed mission.

Thursday’s meeting is expected to mark the first formal presentation of the board’s financial and security framework as the administration seeks to translate the ceasefire into a long-term stabilization plan