# Trump Gaza Administration Funding > Live situation record from CLSTR: https://clstr.news/situations/trump-gaza-administration-funding > Updated: 2026-08-01T04:22:43.000Z. Sources: 4. Developments: 2. The Board of Peace announced that the newly created National Committee for the Administration of Gaza (NCAG) will be limited to a $400 million ceiling for settling legal financial obligations to suppliers, contractors and other parties. The cap is part of President Donald Trump’s Comprehensive Peace Plan, which also envisions the disarmament of Hamas, a phased Israeli troop withdrawal and the establishment of an International Stabilisation Force. A day later, the 15‑member technocratic NCAG declared it is prepared to take over governance of the Gaza Strip. Its mandate includes restoring essential public services, enforcing the rule of law, facilitating humanitarian aid, leading reconstruction, auditing finances and protecting public assets. The Board of Peace confirmed that the $400 million will be disbursed gradually over three years, prioritized by the committee, and that a weapons‑inventory mechanism will be overseen by NCAG. Both snapshots describe the same transitional framework for Gaza under the Trump‑backed peace plan, focusing on financial limits, administrative responsibilities and reconstruction efforts. ## Timeline ### 2026-08-01: Palestinian Technocratic Committee to Oversee Gaza Administration and $400 Million Funding Palestinian technocratic NCAG prepares to run Gaza, while BoP reviews $400 M in funding under the Trump peace plan, amid cease‑fire and reconstruction efforts. 2 sources. https://clstr.news/cluster/palestinian-technocratic-committee-to-oversee-gaza-administration-and-400-million-funding ### 2026-07-31: Board of Peace caps Gaza administration's debt at $400 million Board of Peace set a $400 million limit for Gaza administration’s legal financial obligations, as part of Trump’s peace plan, with a three‑year rollout and broader Palestinian oversight for unresolved claims. 2 sources. https://clstr.news/cluster/board-of-peace-caps-gaza-administrations-debt-at-400-million --- Cite as: Trump Gaza Administration Funding. CLSTR, https://clstr.news/situations/trump-gaza-administration-funding