The Finance Committee approved the plan sell 20% of the Israel Postal Company

The Finance Committee of the Knesset approved the plan of the Government Companies Authority to sell 20% of the shares of the Israel Postal Company from the government to a private strategic investor, and another 20% to the public. However, the committee demanded that the Authority and the Ministry of Finance report to the Knesset in the future in order to obtain its approval of the order of vital interests that the Minister of Finance will issue prior to privatization.
Only MKs from the opposition, Moshe Gafni, voted in favor of the privatization process, and the decision was taken by a majority vote after Knesset members expressed support for the privatization process in principle, but criticized the Finance Ministry, The mail, and especially the real estate it owns.
"If we do not approve what we are asked, the mail will go back - we do not want it," Gafni said. "The situation in the mail was catastrophic, there is an improvement, which is not enough yet, and we do not want to stop the process, and on the other hand we are responsible for the workers and the issue of the assets. Assets
According to the request submitted to the Finance Committee by the director of the Companies Authority, Yaakov (Yanki) Koint, the ISA will examine with the Ministries of Finance, Communications and the GSS ways to safeguard the vital interests of the State in the Postal Company, such as limiting the possibility of a private shareholder holding 5% Who received a permit.