מיליארד שקל

About This Trend

Billion shekel investments are dominating discussions in Israel's economic and political landscape.

Why is it trending?
The Israeli government is considering a 20 billion shekel budget for the construction of a 'Humanitarian City' in Gaza, aimed at housing up to 500,000 Palestinians. This massive allocation has sparked debate, with Defense Minister Yoav Gallant opposing the use of defense funds for the project. Additionally, other significant investments, such as a 10 billion shekel budget proposed by Finance Minister Bezalel Smotrich and large-scale housing projects, are under discussion. These financial plans are drawing public and media attention, raising questions about budget priorities and economic impact.