Articles by 0 July, 2021

The unpaid vacation law was approved in the Knesset on second and third reading at the end of an exhausting night of debates and about 75 votes in the plenum. The law stops extending unemployment benefits to over 200,000 Corona unemployed by the age of 45. This means they will still receive payment for the month of June but will not receive any payment for July. The Minister of Finance passed in the Knesset his decision to take a stricter line on the issue of extending unemployment benefits with almost no changes, with the help of the chairman of the finance committee from his party, MK...

After the average wage in the economy for Israeli workers rose in February and March and reached a peak of NIS 12,740 - it fell in April by 6.9% compared to the previous month to NIS 11,661. This is according to data published by the Central Bureau of Statistics (CBS). During the crisis, which may explain the sharp decline in the average wage this month. The largest increase in the number of employee jobs was in the accommodation and food services industry - 12.5% ​​and in the entertainment and leisure arts industry - 11.1%. These industries were the main victims of the Corona crisis, and...

The Employment Service report states unequivocally what was quite clear to everyone involved: Arab society was more affected by the Corona crisis than Jewish society, as of the end of April 2021, the employment rate in Arab society was only 36.6%, 11.7% lower than before the Corona crisis. . Here are some salient data from the report: • The employment rate in Arab society at the end of April was only 36.6%: a decrease of 11.7% compared to the rate measured on the eve of the outbreak of the corona crisis, compared with a decrease of 7.2% among non-Haredi Jews and 8.4% among Haredi Jews. •...

Attorney General Avichai Mandelblit has decided to file an indictment against MK David Bitan in bribery cases related to his position in the Rishon Lezion municipality. The affair known as the "1803 case" deals with the suspicion that between the years 2017-2011, Bitan and two of his friends received benefits from private parties, and in return acted to promote the interests of those parties. Earlier this year, Bitan recovered from a corona after being hospitalized for about a month in the intensive care unit. Among the said private entities from which he received benefits are the "Danya...

Prime Minister Naftali Bennett, Finance Minister Avigdor Lieberman, Justice Minister Gideon Saar, and Deputy Prime Minister Avir Kara held a press conference in which they presented a "national plan to reduce regulation and bureaucracy." The trials, already six months ago, during the previous government term. Prime Minister Bennett said that prices in Israel are very high and the government headed by him is not ready to accept the reality. "The truth must be told, the real cause of business awkwardness and the cost of living is the government itself. Everything is going to change, the...

The Corona Cabinet is convening following the continued increase in Corona morbidity, and after the discussion that took place yesterday ended without agreements on concrete restrictions. Prime Minister Naftali Bennett clarified that in light of the data collected so far on morbidity - the government will strive to protect citizens while maintaining routine and minimal damage to the economy. "We will try to be as transparent as possible," Bennett said at the opening of the cabinet meeting. "We will explain to the public what we are doing, and we will try to give a long notice in advance...

Finance Minister Avigdor Lieberman begins work. The Minister announced today (Wednesday) that he is returning the criterion for maximizing earning capacity in order to receive a subsidy in day care centers worth approximately NIS 1,800 per child. It will be recalled that Foreign Minister Yair Lapid introduced this section when he served as Minister of Finance, but immediately after he ended his term, this section was repealed so that ultra-Orthodox families were no longer required to go to work to receive the subsidy. In order to encourage integration in the employment market, the Minister...

The draft law of arrangements presented by the Ministry of Finance includes reference to the issue of public transport, which is of critical importance in view of the exacerbating crisis on the roads, but ignores possible solutions. It should be emphasized that this is a draft that is expected to change until it is approved. Although the law includes reference to enforcement on public transport routes and the Treasury recommends paving more such routes, it does not include increasing the frequency of buses traveling on these routes. Also, the law does not include congestion charges - a...

The recovery in economic activity in Israel continues, according to two indices published today. The first is the Accountant General's announcement that the cumulative deficit in the last 12 months reached the end of June reached 10.1% in relation to GDP, which is NIS 144.6 billion, compared with 10.5% at the end of May. The second figure comes from another division of the Ministry of Finance, the Tax Authority, which reports an increase in imports to Israel, an increase that indicates an increase in private consumption. The Accountant General's announcement in the Treasury also shows...