Israeli government approves 'economic Iron Dome' for southern Israel

(Israel Hayom/Exclusive to JNS.org) The Israeli government on Sunday approved a financial aid package to rehabilitate the southern communities most affected by Hamas rocket fire during Operation Protective Edge.

A roof in southern Israel damaged by rocket fire. Credit: Wikimedia Commons. 

A roof in southern Israel damaged by rocket fire. Credit: Wikimedia Commons. 

The plan, formulated by Israeli Prime Minister Benjamin Netanyahu, Israeli Finance Minister Yair Lapid, Israeli Economy and Trade Minister Naftali Bennett, Israeli Housing and Construction Minister Uri Ariel, and Israeli Negev and Galilee Development Minister Silvan Shalom, will see the immediate transfer of $6.6 million in auxiliary funding to the Gaza vicinity communities, and an additional $3.9 million to the southern city of Sderot.

As part of the multi-year plan, the full costs of which are estimated at $120.5 million, the Israeli government will fund the restoration and construction of public parks, sports centers, and public and cultural institutions in southern Israel, as well as invest in the fortification of existing daycare centers, public building and infrastructure.

"It is clear that beyond the need to restore peace and quiet in the south and all across Israel, we also have to make a special effort to nurture the south, as part of meeting our national challenges. We will do so is the shortest timeframe possible," Netanyahu said Sunday. 

Posted on August 11, 2014 .