Israel's government is expected to approve on Sunday the transfer of NIS 29 million to Yad Vashem, the World Holocaust Remembrance Center, due to a decline in donations over the course of the past two years because of the COVID-19 pandemic and travel restriction, Ynet reported.
The motion will be brought forward by Prime Minister Naftali Bennett, Foreign Minister Yair Lapid and Social Equality Minister Meirav Cohen.
The proposal comes as the institution is suffering from difficulties in raising funds both domestically and internationally over the past two years due to the ongoing COVID-19 pandemic.
The new funds would be a significant increase of the government's contribution to Yad Vashem's annual budget, which stands at NIS 200 million in 2022.
It also comes ahead of International Holocaust Remembrance Day, as well as the 77th anniversary of the liberation of the infamous Auschwitz concentration camp.