Get the latest news and updates on the war between Israel and Hamas, started by Hamas on October 7th. Find live updates about the hostages, Gaza & Israel.
The compensations will be granted to bereaved families, hostages' families, residents of Ofakim, among others.
The initiative had been reportedly taken by a local brigade of the IDF Northern Command.
Those promoting the law have recently been working with senior officials such as Knesset Speaker Amir Ohana, Coalition Chair Likud MK Ofir Katz.
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The Chief of Staff also admitted that he does not know when exactly the war will end, just that "we're not close yet. If we don't fight and put pressure on Hamas, it will take even more time."
The audio from this video was made public for the first time by his mother, Anat Angrest, during the weekly protest.
The Hostage Family Forum earlier addressed Gallant's statement that the IDF is shifting its focus to the northern frontier, saying that by doing so, they are abandoning the hostages in Gaza.
The Tel al-Sultan battalion was a major part of Hamas's Rafah Brigade.
His comments come as the region grapples with the aftermath of the conflict in Gaza and reflects the UAE's broader regional diplomatic efforts.