Washington DC, June 11 -- The Israeli cabinet is expected to approve a plan on Thursday that looks to fund the de facto establishment of 61 new settlements in the West Bank, Axios journalist Barak Ravid said on Thursday, citing a draft government decision.

In a post on X he said, "While the Trump administration - along with governments across Europe and the Middle East - is focused on the escalating crisis with Iran, the Israeli cabinet is expected to approve on Thursday a plan to fund the de facto establishment of 61 new settlements in the occupied West Bank, according to a draft government decision I obtained."

Citing a source familiar with the proposal, he said that the government is expected to allocate more than $350 million over s...