Cabinet okays NIS 850m for Jerusalem development

At a special cabinet meeting Thursday to mark Jerusalem Day, Israel’s government announces an NIS 850 million ($220 million) five-year development plan for Jerusalem.

The cabinet meeting is held this morning at southern Jerusalem’s Ein Lavan park, with ministers casting their votes in an open-air meeting.

Cabinet ministers meeting in southern Jerusalem's Ein Lavan park to mark Jerusalem Day, June 2, 2016. (Jacky Levy/Jerusalem Municipality)
Cabinet ministers meeting in southern Jerusalem’s Ein Lavan park to mark Jerusalem Day, June 2, 2016. (Jacky Levy/Jerusalem Municipality)

The budget goes to fund the city’s “Jerusalem 2020” development plan, which calls for investments in housing, the city’s technology sector and its higher education institutions.

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