The government has allocated NIS 1 billion to compensate victims of October 7.

The Israeli government has allocated NIS 1 billion to help those affected by the Hamas attack on October 7. The Finance Ministry has already approved the amount.

According to the Ynet portal, assistance will be provided through one-time and regular payments to victims and their families.

The money will be allocated to both the victims of the Hamas attack and their immediate families. Those who become disabled as a result of these events will receive payments from the national insurance institution Bituah Leumi. The funds are intended to help kibbutz residents, participants of the Nova festival and other victims.