Index Investing News
Wednesday, February 4, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Gov’t presents draft plan for rehabilitating north

by Index Investing News
April 11, 2024
in Financial
Reading Time: 3 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter

Better late than never? The government presented its “Northwards” program “for immediate and near-term solutions for the northern region” today. At a meeting held in Nazareth, local authority heads in the north were presented with the details of the plan, which is shortly due to be approved by the government.

The plan lays the groundwork for the activity of a coordinating body that will provide a response to residents of settlements on the northern border who have been evacuated since the start of the Swords of Iron war more than six months ago, because of the threat from Lebanon posed by the Hezbollah terrorist organization.

The proposal is for the formation of a team of directors general of government ministries, headed by the director general of the Prime Minister’s Office Yossi Shelley, that will monitor implementation of the plan. Alongside this team will be a “Northwards staff” for the rehabilitation and long-term development of the northern region, authorized to coordinate the work of monitoring and controlling the program. It will consist of ten posts in the Prime Minister’s Office, and will operate for five years from the date that the plan is approved.

At the end of December, “Globes” reported that the government was examining the possibility of allocating temporary accommodation to those evacuated from the northern settlements, on similar lines to the solutions provided to those evacuated from the south. For the first time, the current plan talks about this explicitly.

NIS 5 million will be allocated for “planning the construction of temporary sites with the aim of providing a solution for settlements that need a collective long-term housing solution.” The plan also states that within 45 days a work plan will be formulated under the leadership of the director general of the Ministry of Construction and Housing “for finding community housing solutions for settlements that wish it, as close as possible to schools and employment.”

Many northern residents are still living in hotels around Israel. Others have found housing solutions outside of the hotels, individually and independently. Now, six months after the outbreak of war, the state is declaring that it will take part in the effort.

At the end of January, Prime Minister Benjamin Netanyahu declared at a meeting of the security cabinet that he would allocate NIS 3.5 billion to a plan for rehabilitating the north, but the current draft government decision allocates a smaller sum, NIS 3 billion, for the period 2025-2028 “to fund the strategic plan for the north.”

What else does the plan contain? Setting up a university in Kiryat Shemona within three years, in line with the decision of the Council for Higher Education of September 2022; setting up a medical center to serve all residents of the north; protection for agricultural and industrial areas next to the border fence; recommissioning of public air-raid shelters at a cost of NIS 100 million; additional community security measures, budgeted at NIS 500 million; and implementation of the “Shield of the North” plan for protection of settlements along the border (up to nine kilometers from it) with a NIS 1.4 billion budget from the Ministry of Defense. The plan also contains the formulation of community programs for improving the appearance of settlements and strengthening their infrastructure, and detailed planning for demolition and rebuild schemes, especially for structures damaged in the war, budgeted at NIS 35 million.

The plan also includes a general timetable: “the immediate term” is defined as the period from approval of the decision until the opening the next school year; the “near term” is defined as the period from approval of the decision to the return of northern residents to their settlements. The status of initial execution of the plan will be presented to the government within 40 days.

Mateh Asher Regional Council and chairperson of the Confrontation Line Forum Moshe Davidovich said at the end of the meeting, “At this stage, the draft presented to us still fails to provide an answer for the overarching aim of strengthening and developing the confrontation line, both in the size of the budget and also, in fact mainly, in the absence of substantial policy changes critical to healing the economic, social, and psychological rupture that the region has experienced. I believe that the director general of the Prime Minister’s Office and his ministry’s team, who listened attentively, will, together with us, come up with a suitable proposal for strengthening the confrontation line.”

Published by Globes, Israel business news – en.globes.co.il – on April 11, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.




Source link

Tags: DraftGovtNorthPlanPresentsrehabilitating
ShareTweetShareShare
Previous Post

S&P 500 closes higher on tech strength; big bank earnings eyed By Investing.com

Next Post

O.J. Simpson: Made in America, Made by TV

Related Posts

PayPal: Is The Worst Over Following 20% Decline To Multiyear Lows? (NASDAQ:PYPL)

PayPal: Is The Worst Over Following 20% Decline To Multiyear Lows? (NASDAQ:PYPL)

by Index Investing News
February 4, 2026
0

This article was written byFollowProviding timely and quick to the punch analysis of earnings and macro-related events across various sectors,...

Florida steps up ‘criminal probe’ of marijuana legalization campaign

Florida steps up ‘criminal probe’ of marijuana legalization campaign

by Index Investing News
January 31, 2026
0

After multiple arrests, Florida officials are ramping up a criminal investigation of a marijuana multistate operator-funded adult-use cannabis legalization campaign...

Homes to replace hippos: Ramat Gan Safari Park to move

Homes to replace hippos: Ramat Gan Safari Park to move

by Index Investing News
January 27, 2026
0

The Israel government and Ramat Gan Municipality have reached an agreement in which the Ramat Gan Safari Park will...

DCGpac launches smart manufacturing plant in Noida for sustainable packaging

DCGpac launches smart manufacturing plant in Noida for sustainable packaging

by Index Investing News
January 19, 2026
0

Founder Suresh Bansal described it as a strategic milestone toward a sustainability-first global packaging ecosystem. DCGpac plans to expand its smart...

Nu Holdings Ltd. (NU): A Bull Case Theory

Nu Holdings Ltd. (NU): A Bull Case Theory

by Index Investing News
January 15, 2026
0

We came across a bullish thesis on Nu Holdings Ltd. on Global Equity Briefing’s Substack by Ray Myers. In this article,...

Next Post
O.J. Simpson: Made in America, Made by TV

O.J. Simpson: Made in America, Made by TV

Jeff Bezos’ Fiancée Lauren Sánchez Turns Heads in Corset Gown at White House Dinner

Jeff Bezos' Fiancée Lauren Sánchez Turns Heads in Corset Gown at White House Dinner

RECOMMENDED

Is Blockchain Only a Transition Expertise?

Is Blockchain Only a Transition Expertise?

March 28, 2022
Wink Martindale, Standard and Sturdy Sport Present Host, Dies at 91

Wink Martindale, Standard and Sturdy Sport Present Host, Dies at 91

April 16, 2025
How China Abuses U.S. Diplomats

How China Abuses U.S. Diplomats

October 25, 2022
Ethereum (ETH) Revenues From Fees Drop to 3-Year Low Amid NFT Bust, Layer 2 Adoption

Ethereum (ETH) Revenues From Fees Drop to 3-Year Low Amid NFT Bust, Layer 2 Adoption

October 14, 2023
Vanguard says Bitcoin is “immature asset class”

Vanguard says Bitcoin is “immature asset class”

January 28, 2024
Outgoing Lebanon authorities approves financial restoration plan

Outgoing Lebanon authorities approves financial restoration plan

May 20, 2022
Convene to Open New Location in Manhattan

Convene to Open New Location in Manhattan

February 11, 2024
BLK Earnings: Highlights of BlackRock’s Q3 2023 report

BLK Earnings: Highlights of BlackRock’s Q3 2023 report

October 14, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In