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Israeli Gov’t Says Will Allocate $843Mln for Development of East Jerusalem Until 2028

© AP Photo / Sebastian ScheinerAn Israeli ultra-Orthodox Jewish man looks down from a house in the Sheikh Jarrah neighborhood of East Jerusalem, Monday, May 10, 2021.
An Israeli ultra-Orthodox Jewish man looks down from a house in the Sheikh Jarrah neighborhood of East Jerusalem, Monday, May 10, 2021. - Sputnik International, 1920, 21.08.2023
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MOSCOW (Sputnik) - The Israeli government said on Sunday that it had approved a five-year plan for the socio-economic development of East Jerusalem, with 3.2 billion Israeli new shekels ($843 million) allocated for this purpose until 2028.
"The Cabinet, at its weekly meeting today, approved the NIS 3.2 Billion 2024-2028 five-year socio-economic gap reduction and economic development plan for eastern Jerusalem. The decision was submitted by Jerusalem Affairs and Jewish Tradition Minister Meir Porush following joint work between his ministry and the Finance Ministry, the Municipality of Jerusalem and various government ministries," the prime minister’s office said in a statement.
The plan for the socio-economic development of East Jerusalem involves the implementation of projects in the field of education, increasing employment, building roads, public transport, as well as initiatives in the social sphere, the statement added.
The Jerusalem Affairs and Jewish Tradition Ministry will be empowered to oversee the implementation of the plan and chair a special steering committee, the statement read.
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