Government will allocate another NIS 6 billion assistance and 200 commerce chains will open

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by Ifi Reporter Category:Government Apr 25, 2020

PM Netanyahu will hold a hearing on the operation of the education system at noon. The Ministry of Health wants to resume activity according to the morbidity data so that educational frameworks are not opened in areas with a high infection rate. The government last night repealed the ban on staying more than five hundred yards away from home during sporting activities
The resolution will only take effect after Independence Day, Thursday at 8 am.
On Independence Day, thousands of police will enforce the closure and erect checkpoints on exits from the cities. Police will not allow meals and roasts on the fire outside of homes or private gardens. There was no regulation stating that it is possible to leave the house for ventilation only for a short time and only 100 meters away.
The Finance Ministry announced last night that it would allocate another NIS 6 billion "for retaining and returning workers to the employment cycle in the economy." At present, there is no model for allocating the same budgetary framework for businesses, but it is actually grants to companies and large chains that have put heavy pressure on politicians to grant them grants as small businesses receive. The announcement was made jointly with the Prime Minister's Office. It is estimated that at this stage these are grants of between millions and tens of millions of shekels per company.
Earlier today, Treasury officials attacked the retail chains, which declared that they would not open the branches as long as they did not receive any grants from the treasury, saying "this is an attempt to blackmail the state and hold the workers hostage." The same factors in the Treasury addressed the networking requirement, led by Fox Harel Wiesel Group CEO, to receive NIS 10,000 for each employee who repairs the DAV and compensation of 10% of the turnover in March last year.
The Finance Ministry attacked the same demands made last week by Prime Minister Netanyahu and outgoing Finance Minister Moshe Kahlon, claiming that the major networks are ignoring the large amount of assistance they have been given so far - the three-month exemption for small businesses, which is very significant for small businesses; The option to take all those employees on vacation without pay knowing that they will receive unemployment benefits under relatively favorable conditions, as well as the State Guarantee Fund for large businesses, which provides a 75% guarantee for business loans with a turnover of over NIS 200 million affected.
Treasury officials want to make it clear that grants will be distributed to the entire economy and that in fact, the fashion chains will receive far less than they expect to receive, so that these are networks that employ about 80,000 employees, while the professional will ensure that the same fund is distributed among all million unemployed, .
"In the coming days, the Knesset will approve a request to expand the economic plan beyond NIS 80 billion, which will include the plan to bring workers back into the employment cycle and other steps. The detailed model for allocating the budgetary framework to the new program will be announced in the coming days. "
Following the conciliation with the Treasury, the branches of the fashion and trade chains that have returned are starting to open today. The chain's headquarters said: "We are delighted that the government has decided to help us overcome the crisis and look forward to the actual implementation of the government's announcement.

 

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