December 12, 2023
2 mins read

Israel approves $4.9 bn plan to rebuild Gaza-area communities

With the framework’s approval, the Tekuma Authority will now produce a detailed multi-year, long-term roof plan to be published within 100 days…reports Asian Lite News

Israel’s Cabinet on Sunday approved the outline for a strategic multi-year plan to rebuild communities adjacent to the Gaza Strip.

The plan constitutes a broad budgetary framework for five years (2024-2028) of up to 18 billion shekels (USD 4.9 billion) intended to lead to the rehabilitation of the region.

Prime Minister Benjamin Netanyahu said, “In the area adjacent to the Gaza Strip at the start of the war, we established the Tekuma Authority.” Tekuma is Hebrew for ‘revival’.

“We provided a massive budget to rebuild the communities and to ensure that nobody will be left behind,” Netanyahu added.

The outline, formulated in cooperation with the local authorities and communities, is designed to lead to the renewal and development of the region with significant demographic growth.

Hamas terrorists attacked more than 20 towns and farming communities, killing 1,200 people on October 7. Around three-quarters of Israel’s vegetables were grown in farms, kibbutzim and moshavim were devastated by the attack and subsequent rocket fire.

The Tekuma framework will make the region “a prosperous and attractive focus and magnet for economic resilience, quality education, investments, and advanced and innovative agriculture,” the Prime Minister’s Office said in a statement.

With the framework’s approval, the Tekuma Authority will now produce a detailed multi-year, long-term roof plan to be published within 100 days.

Netanyahu said that Israel will ensure that the cities, rural communities and various councils “will flourish and prosper for generations and surpass what was.

“We are committed to investing in education, employment, social services, assistance for evacuees, agriculture, businesses and every field,” he said.

“I would like to commend all those who are engaged in this important work, which we will submit to the government today. The wheat is being sown in the kibbutzim in the area adjacent to the Gaza Strip–and it will grow,” the prime minister said.

At least 1,200 people were killed in Hamas’s attacks on Israeli communities near the Gaza border on October 7. Hamas currently holds 137 men, women, children, soldiers and foreigners captive in Gaza. Some people remain unaccounted for as Israeli authorities continue to identify bodies and search for human remains. (ANI/TPS)

ALSO READ-Houthi militia threaten Israel-bound Red Sea ships

Previous Story

Yousaf slams Cameron as ‘petty’ over Erdogan COP28 threat

Next Story

European Council and Parliament strike deal on first rules for AI

Latest from -Top News

Dhaka’s Ruling Party Rejects Kolkata Link

Slamming the Yunus administration, the Awami League alleged that “the illegal usurper government is actively spreading these baseless rumours….reports Asian Lite News Bangladesh’s Awami League has rejected media reports that it opened

1.5M Afghans Forced Back in 2025

UN warned that these women and girls face significant threats upon their return to Afghanistan, including poverty, early marriage, violence, and unprecedented restrictions. The International Organization for Migration (IOM) has warned that

How BRICS Break the West’s Grip

Harvansh Chawla pointed to the Ruble-Rupee trade arrangement between the two nations, saying it has streamlined transactions and lessened reliance on Western financial systems. The BRICS bloc is proving crucial in enabling

Greece may extend North Africa asylum ban

In July, the government stopped processing asylum requests from migrants arriving from North Africa by sea for three months in an effort to curb arrivals from Libya to Crete Plevris said he

EU Demands Seat in US–Russia Ceasefire Talks

Kallas revealed that she would convene an online meeting of EU foreign ministers on Monday to discuss “our next steps EU foreign policy chief Kaja Kallas said any US–Russia agreement must involve
Go toTop