Government Resolution 550 (Takadum) | NIS 30 Billion for Soc...

Government Resolution 550 (Takadum) | NIS 30 Billion for Socio-Economic Development of Arab Society

November 16, 2021

On November 4th, the Government of Israel approved Government Resolution 550—the second multibillion shekel, 5-year economic development plan for Arab society—as part of the first state budget passed in over three years. Given the name Takadum (‘progress’ in Arabic), GR-550 totals NIS 30 billion / USD 9.6 billion, more than double the size of its predecessor, GR-922.

This IATF report provides a brief overview of what’s included in GR-550, how it builds on the previous plan, and some of the challenges and opportunities to look for in the months ahead.

Click the link to view the report. Please share with your colleagues and constituents and reach out for further discussion.

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