More than half of the 7,200 claims submitted by Israeli Arabs for compensation for confiscated property have been settled since payments were started in 1954, the Ministry of Finance reported today.
A Ministry spokesman said that in the settlement of the 4,200 claims, the Arab claimants have received to date more than $4,000,000 in cash, 7,000 acres in land and hundreds of building plots and other property. He added that claims were still being received by the Israel Development authority to which 2,250 acres of land and other property was transferred in accordance with the Abandoned Property Law of 1950 and the Land Purchase Law.
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