$270 million: The amount Israel will give October 7 victims

The Israeli government is set to approve a controversial 1 billion shekel ($270 million) aid package for victims of the October 7 attacks, despite facing criticism over its scope and timing.

The package was recommended by a committee led by Prof. Aviad Hacohen, and aims to support groups previously overlooked in aid distributions, including families of hostages and residents of hard-hit areas like Ofakim and the Gaza envelope.

Finance Minister Bezalel Smotrich defended the move, stating, "The Simchat Torah massacre affected Israelis in unprecedented ways. We've worked tirelessly to provide the broadest possible support."

Key points of the package include:

- Grants ranging from 7,180 shekels ($1,940) for adults to 28,720 shekels ($7,760) for those most severely impacted

- Additional rehabilitation funds of up to 30,000 shekels ($8,100) for qualifying individuals

- Support for siblings and children of former captives, addressing a gap in previous aid efforts

Critics argue the package comes too late and doesn't go far enough. Opposition leader Yair Lapid called it "a drop in the ocean compared to the immense needs of these families."

The decision comes as Israel approaches the one-year mark of the devastating attacks, with many victims still struggling to rebuild their lives. The government hopes this package will provide much-needed support while demonstrating its commitment to long-term recovery efforts in affected regions.