Now is the time to implement policies that will encourage private investors, public bodies, and philanthropic organizations to channel investments into the region. With the support of the Tkuma Directorate, the Western Negev should become a thriving and economically prosperous area for years to come

Recently, the Knesset approved the Tkuma Region Law, aimed at the rehabilitation and development of southern communities affected by October 7. The law expands the powers of the Tkuma Directorate and allocates approximately 5 billion shekels for economic, infrastructure, and social development in the communities surrounding Gaza, as well as other affected cities such as Ofakim, Netivot, and Ashkelon. Obviously, the same response should be forthcoming for the hard-hit Northern communities as well.

This is an extremely significant step that has received broad support and passed the Knesset without opposition and the government and MK’s deserve praise for this achievement. However, to ensure long-term growth, it is essential to integrate innovative financing solutions that will provide incentives and encourage the flow of investments and funding from business and philanthropic entities to supplement government budgets. This combination will not only enable the rehabilitation of the Tkuma region but also ensure sustainable growth and prosperity for many years to come.

Wars have profound social and economic consequences, affecting human capital and social structures due to infrastructure destruction, population displacement, and migration. These factors require massive budget allocations for recovery,........

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