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According to an article that published in "Haaretz" daily newspaper(January 2003) The Israeli government paid 30,000 USD to families of victims, and 10,000 - 30,000 to survivors who injured.
As described, the Israeli government announced it will pay as a good will even though that the responsibility and the fault in this case was on the Libyan aircraft captain.
Few words about "Haaretz": "Haaretz" known as a left-wing daily newspaper