Israel will not contribute to the reconstruction of the Gaza Strip through U.S. President Donald Trump’s Board of Peace, Ze’ev Elkin, who serves as a second minister in the Finance Ministry, told local radio on Sunday.

“We will not fund the Board of Peace; there is no reason to,” Elkin, who sits in Jerusalem’s Security Cabinet, told state channel Kan Reshet Bet.

“We were attacked,” Elkin noted, referencing the Oct. 7, 2023, Hamas-led cross-border terrorist invasion from the Gaza Strip. The minister concluded: “There is no reason for us to pay for the reconstruction.”