The entrance to the Prime Minister's official residence
The entrance to the Prime Minister's official residenceYonatan Sindel/Flash90

Prime Minister Benjamin Netanyahu's circle is currently predicting that the project to renovate the Prime Minister's official residence on Balfour Street in Jerusalem will be halted entirely, according to Kan News.

This assumption comes after teams from the Prime Minister's Office, the Jerusalem Municipality, and the Finance Ministry visited the building and discovered that the building's interior was nearly completely destroyed.

In meetings between the representatives of the ISA, the Prime Minister's Office, and the Jerusalem Municipality, after inspections by the Accountant General, they concluded that the renovation of the Prime Minister's official residence would take three years and is estimated to cost 90 million shekels.

The options being examined are the Almog (formerly Shira) project to build an "Israeli White House" or to rent a giant office complex in Jerusalem for the staff at the Prime Minister's residence.

Two weeks ago, it was reported that the Prime Minister's office requested to expedite the construction of the "Israeli White House," which will include the Prime Minister's residence and office in one complex. The initiative has been completely frozen for the past few years.