Articles by July, 2021

The monthly review of the chief economist at the Ministry of Finance, Shira Greenberg, published, reveals unsurprising data for May, when there was another increase in the purchase of apartments throughout Israel. In May, 12.5 thousand apartments were purchased, an increase of 40% compared to May 2019 and an increase of 15% compared to last April. Comparing the level of transactions in the free market last May to its counterparts in the last twenty years, it is found that this is the second highest level, and is only ahead of the level of sales in May 2013. In the market segment of new...

Israel will end 2021 with a deficit of 6.8%, and 2022 with a deficit of 3.9%. After that, the reduced outline of the deficit will continue until 2026, when it will stand at 1.5%, according to the draft decision of the state budget, which the Ministry of Finance submitted to government members this morning. Towards the approval of the budget: The Ministry of Finance distributed to the government ministers the main points of the state budget, which includes the budget framework and the new deficit ceiling, along with the distribution of the budget according to government ministries and the...

Friday morning, President Yitzhak Herzog and his wife Michal received the third vaccine against Corona virus. "This is a very important step for the sake of social solidarity in the State of Israel," said President Herzog at the opening of the campaign to receive the complementary dose at Sheba Hospital in Tel Hashomer. "We are launching, we are launching a vaccination campaign to protect the adults in the State of Israel," said Prime Minister Naftali Bennett, who accompanied the Herzog couple. "From today there is a new mitzvah - Hassan your father and mother for the sake of prolonging...

The government is expected to discuss the budget bill tomorrow and it will approve it. This is the first time that the Israeli government has approved a budget in the last three years. A political majority for a budget is guaranteed after 17 government ministers pledged to support it. The ministers demand budget increases of NIS 12-14 billion a year, they will criticize various items, the discussion will continue until late at night until Monday morning, but in the end the budget must be approved by the government. It was initially planned to continue the budget discussions on Thursday,...

The increase in the number of corona patients in a difficult situation continues: data from the Ministry of Health show that 201 critically ill patients are hospitalized tonight (Saturday) in hospitals across the country, compared with 168 in the update before Shabbat. This is the highest number of serious patients since mid-April. There has also been an increase in the number of respirators and their number now stands at 31. Data from the Ministry of Health show that yesterday 2,435 positive for the virus were diagnosed in Israel and today another 1,589 were diagnosed. That means over the...