Israel's Cabinet Refers $339 Million Settlement Plan to Security Cabinet

Israel's cabinet has referred a plan for a $339.7 million allocation for new settlements in the West Bank to the security cabinet. This plan is fuelled by far-right minister Bezalel Smotrich, who supports settlement expansion. Anti-settlement group Peace Now opposes it, citing it as an obstacle to peace.

On Thursday, Israel's cabinet referred a contentious plan to allocate 1 billion shekels ($339.7 million) for new settlements in the West Bank to its security cabinet, delaying an immediate vote on the funds. The plan was pushed by far-right Finance Minister Bezalel Smotrich, known for his strong support of Israeli settlement expansion.

The proposed settlements have been the subject of domestic and international criticism, especially from Palestinian authorities and numerous global entities who argue that they could jeopardize peace by consuming land envisioned for a future Palestinian state. The move coincides with increasing settler violence in the region, according to the anti-settlement group Peace Now.

The security cabinet is anticipated to decide on the allocation of these funds, though no specific date has been set. Meanwhile, the cabinet has approved funds for regional development projects in other areas within Israel. The ongoing settlements controversy continues amid broader geopolitical tensions and awaits further governmental discussions.