India, Feb. 16 -- US President Donald Trump said Sunday that members of his newly created Board of Peace have pledged $5 billion toward rebuilding war-ravaged Gaza.

The Republican leader also revealed that the member states will commit thousands of personnel to international stabilisation and police forces for the territory.

"The Board of Peace will prove to be the most consequential International Body in History, and it is my honor to serve as its Chairman," Trump said in a social media posting announcing the pledges.

According to Trump, the pledges will be formally announced when board members gather in Washington on Thursday for their first meeting.

While the US President did not detail which member nations were making the pledges ...