JERUSALEM -- Israeli Prime Minister Ehud Olmert announced Monday that $371.6 million has been set aside for elderly people and Holocaust survivors.
The announcement said that by 2009, government funding in the area will rise at least 10 fold, benefiting around 8,500 survivors of World War II-era concentration camps and ghettos.
The beneficiaries will get a monthly check for more than $250, the Jerusalem Post reported.
The new budget is "an important step that would make the lives of (Holocaust) survivors easier. I am proud that this government took responsibility for this issue, no other government before has done so," said Olmert at a news conference.
The funds will be divided, with $247.7 million going to the Holocaust survivors and around $123.9 million going to elderly people in dire financial need, said YnetNews.com.
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