Scoop: Trump's Board of Peace to unveil $2.45 billion Gaza recovery plan

President Trump's Board of Peace is set to unveil a $2.45 billion six-month Gaza recovery plan during a meeting on Wednesday. This extensive six-project roadmap outlines the steps for post-war reconstruction and governance in Gaza. The plan was developed over a year of collaboration with members of the Board of Peace, comprising 28 countries, and the Palestinian technocratic government.

Key areas of focus include infrastructure development, economic stimulation, security measures, and digital transformation. However, the plan's implementation hinges on cooperation between Israel and Hamas. While Israel has agreed to some aspects, it has not started the process due to domestic political considerations ahead of elections.

Hamas has also given a preliminary agreement to disarm, but this has not been tested yet, partially due to Israel's refusal to enforce a 14-day ceasefire before the disarming process begins. The Board of Peace hopes that after Israel's Oct. 27 elections, a new government can be formed, paving the way for the Gaza recovery initiative.

The big picture indicates that the damaged infrastructure in Gaza is valued at $35.2 billion, and the full recovery and reconstruction are estimated to cost around $71.4 billion over the next decade. The plan allocates funds for temporary shelters, rubble removal, hospital repairs, economic recovery, and the deployment of a multinational security force.

Additionally, it includes provisions for a weapons buy-back program and a pilot Emirati Neighborhood to house displaced Palestinians. However, securing the entire $2.45 billion funding remains a challenge, and the Board of Peace and the Palestinian technocratic government have not yet obtained the full amount.