The two officials also discussed "administrative reforms, which, if implemented, would benefit the Palestinian people."
This comes less than a day after five IDF soldiers were wounded in a similar incident.
The money is intended to supply security equipment like security cameras, patrol vehicles, and sirens to settlements in the West Bank.
Jews, including “extremist settlers,” are not waking up in the morning thinking about how to go out and murder innocent Palestinian civilians.
The announcement comes on the heels of a similar move by the United States.
Significant gaps were found between the reservist's testimony and evidence found at the scene of the shooting | Reservist claims civilian was moving hands suspiciously
"The Palestinian people and the Arab neighbors need the reassurance that there will be no forced displacement but a viable perspective, with an independent Palestinian state," she added.
Last week, Tamimi called for the murder of settlers in the West Bank in an Instagram post.
Since Oct. 7, more than 100 Palestinians in the occupied West Bank have been killed, mostly by soldiers but also by settlers.
This year is already the bloodiest in the West Bank in nearly two decades, and fears are compounding of the situation escalating further.