Israeli lawmakers on Monday voted in favor of a 1.15 billion shekel ($308 million) proposal to fund the recently created Tekuma Authority, which will be responsible for rebuilding, developing and strengthening the Gaza border communities devastated in Hamas’s Oct. 7 cross-border massacre.
“The Tekuma funds, redirected from the 2023 state budget, are to be used for emergency assistance to communities near the Gaza Strip, assistance to the cities of Ofakim and Ashkelon, and local authorities absorbing evacuated populations,” said the Knesset Finance Committee.
