Tag: Israeli Ministry of Finance
Israeli Treasury: Lockdown will cost $3.4 billion, not $5.7 billion as projected
Israel’s Finance Ministry on Tuesday issued an updated projection for the economic impact of the nationwide coronavirus lockdown currently in effect, from NIS 20 billion ($5.7 billion) down to about NIS 12 billion ($3.4...
Second lockdown to cost Israel upward of $4 billion, says Israeli Finance Ministry
A month-long coronavirus lockdown will cost the Israeli economy between NIS 15 and 20 billion ($4.3 to $5.7 billion), the country’s Finance Ministry said over the weekend.
A senior ministry official stressed that the estimate...
Israel’s industrial sector to receive $323 million in government assistance
Israeli Finance Minister Israel Katz and Economy and Industry Minister Amir Peretz have agreed on a plan to bolster investment and employment in Israel’s industrial sector, which is suffering due to the economic fallout...
Netanyahu calls for $960 million supplement to defense budget
Israeli Prime Minister Benjamin Netanyahu directed the Finance Ministry, together with the National Security Council and defense officials, to locate budgetary sources for a NIS 3.3 billion ($960 million) supplement to the defense budget...
Nurses in Israel end their nationwide strike
Nurses in Israel returned to work on Tuesday, a day after launching a nationwide strike on Monday to protest staff shortages exacerbated by the coronavirus crisis.
The National Association of Nurses agreed to end the strike after...
Israel approves coronavirus financial-aid package for small-business owners
The Israeli government approved a new financial-aid package on Sunday for self-employed businesses that have been struggling due to coronavirus restrictions.
The package presented by Israeli Prime Minister Benjamin Netanyahu and Finance Minister Yisrael Katz...