Prime Minister Benjamin Netanyahu Together with the Minister of Finance Israel Katz, Presented tonight (Sunday) a nine-step economic plan, designed to boost the economy in the country.
At the outset, the Prime Minister said: “This is a huge, very vigorous economic program that will boost our economy and help all citizens of Israel, first and foremost small and medium-sized businesses. As we cared for every citizen, we will know how to help every citizen who is injured by the corona. I will bring the plan for discussion in the government, and I will also bring to the Knesset what requires legislation. “
Minister Katz listed the steps to be taken: “Economy Startup Grant – Businesses affected by 25% or more. Every business with a turnover of between NIS 18,000 and NIS 300,000 will receive a grant of NIS 8,000 to 15,000. Every business with a turnover of 300,000 or more will receive about 30,000 NIS. Household Grant for Economics – 750 NIS per adult, 500 NIS per child up to the fourth child, 300 NIS per child from the fifth and up “.
“Incentive to bring veteran Corona unemployed back to work – Who will receive? “Those who received unemployment 80 days from the beginning of the corona until the end of 2020, were not employed for 80 consecutive days before 31.12.20 and will return to work for four months.”
“What does a person who returns to work receive in addition to his salary? First month – grant equal to unemployment benefits, second month – wage supplement grant, third month – wage supplement grant and fourth month – A grant worth unemployment benefits. An employer who returns a veteran unemployed person to work will receive a special grant. “
“Special grant for the disabled – Additional grant worth NIS 500 million. Deployment of VAT to facilitate small and medium-sized businesses – “Deployment of VAT for six months,” every request will be approved. “
“Facilitation of business loans and the start-up of the economy – Deferral of payment on the fund for another year“Extending loan repayments from 5 to 10 years, increasing loans to high-risk businesses, dedicated loans for investment and expanding business activity.”
“Unemployment benefits for the self-employed – It will be given to any freelancer who wants it, And a recommendation will be brought this week for approval by the Labor and Welfare Committee. Reducing business regulation to boost the economy “Extension of the exemption for licensing new businesses for another year, licensing businesses with a declaration only and freezing a new regulation for one year.”
“The last step is Investment reform increase “Reforms that will inject huge capital into high-tech and infrastructure, pension funds and insurance will be able to invest up to NIS 50 billion in high-tech and up to NIS 100 billion in infrastructure, investment in physical infrastructure, digitization and technology.”
The minister concluded: “We have consulted quite a bit with professionals, but the ones who make the decisions in this case are the prime minister and the finance minister, and the one who will judge the decisions will be the public, who know we have taken all the right decisions so far.”
Minister of Finance Israel Katz presents the new economic plan for the rehabilitation of the economy (Photo: screenshot)Later, Netanyahu answered questions, including the previous promise of unemployment benefits for the self-employed: “This is an improved proposal that will reach the Knesset this week. This is a proposal that has been changed, so I will support it.” Regarding the variant, he explained: “I work according to Israeli epidemiologists, but also talk to the biggest experts in the world. At the moment, the risk of importing a mutation is much greater, although it exists everywhere. I have no insight that closing the sky will increase the chance of an Israeli variant, though No one told me. “
Netanyahu was also asked about his relationship with the ultra-Orthodox leadership, and his talks with Rabbi Kanievsky’s grandson: “I expect everyone to follow the instructions, we enforce very firmly and everyone sees it. We also expect the ultra-Orthodox public to do so. In the end, the rabbis told them to continue.” “Sometimes the supervision of the soul rejects Torah and this is one of those cases. I call the rabbis, why not? If it is possible to accept it with understanding – it is better.”
The program to launch the Israeli economy by maariv on Scribd
Earlier, the Movement for the Quality of Government filed an administrative petition in the Jerusalem District Court, requesting that it order the Prime Minister’s Office to provide information about the plan. This, after repeated requests for information, in accordance with the Freedom of Information Act.
Prior to the petition, more than eight months ago, the Movement for Quality of Government submitted a request for freedom of information to the Prime Minister’s Office and requested various information, such as minutes of hearings, documents and background materials related to the economic decisions made as part of the Corona crisis.
The Blue and White Party also commented on the presentation of the plan on the table, and on behalf of the party it was written on Twitter: “Netanyahu is cheating, and nothing will be realized.” “Neither the government nor senior finance officials saw the details of the plan, and for one reason: there is no such thing. It is very sad that Netanyahu again promises, will not sustain and leave alone hundreds of thousands of Israelis waiting for help. After the election we will form a government made up only of honest people.” In the people, “they added.
Neither the government nor senior finance officials saw the details of the plan, and for one reason: there is no such thing. Bibi is cunning and does not intend to realize anything. It is very sad that Netanyahu is once again promising not to keep and leave alone hundreds of thousands of Israelis waiting for help.
After the election we will make sure that a government is formed that will consist only of honest people who will do everything to rehabilitate the economy and the division in the people.– Blue and white (@ Kachollavan19) January 24, 2021