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The Minister of Finance, Avigdor Lieberman, rejected the harsh criticism leveled at him for his decision to introduce a criterion of exhausting earning capacity to subsidize day care centers as early as September - a move that will lead to the cessation of subsidies for 18,000 ultra-Orthodox families. "We did not invent the wheel," Lieberman told reporters at a special briefing with senior officials of his office ahead of the 2022-2021 budget. "I heard all the cries of the robbed Cossack. But we have done it twice already. Former Prime Minister Benjamin Netanyahu also did it in 2003 and in...

The corona cabinet approved to immediately shorten the duration of isolation to one week, subject to two negative corona tests. This is instead of two weeks of isolation without testing or ten days subject to negative testing. Those who improve the insulation are expected to be fined NIS 5,000. The cabinet is now discussing further restrictions, including a "softened" green label that would require people who are not vaccinated or recovering to present a negative corona test at the entrance to enclosed spaces where there are more than 100 people. Prime Minister Naftali Bennett said after...

According to data from the Bank of Israel, in June the public borrowed NIS 11.588 billion. This is a jump of about 93% compared to June last year, when only last month (May) broke an all-time record when mortgages were taken out in the amount of NIS 9.47 billion. Since the beginning of the year, the public has taken out mortgages amounting to NIS 51.7 billion, and assuming that mortgages continue at a similar rate, the public will take out mortgages worth more than NIS 100 billion this year, with an all-time high of more than NIS 78 billion broken last year. . The average annual...

The Ministry of Economy and Industry, in collaboration with the Ministry of Energy and the Innovation Authority, launched the Energy Innovation Community in Israel. The innovation community is expected to build an engine of economic growth in a market valued at $ 1 trillion a year David Lefler, Director General of the Ministry of Economy and Industry, in front of hundreds at the conference: "The technologies in Israel exist and are excellent. The problem is in the application and assimilation of the technologies in the Israeli market and in the Israeli reality. Only cooperation between the...

The Ministry of Health is preparing for the number of passengers leaving and departing from Ben Gurion Airport during the summer months, and for this purpose they made a forecast of the number of corona patients expected to enter the country from different countries - based on flights and morbidity. On 4,037 flights. The morbidity rate estimated by the Ministry of Health is 0.11% - so that in the coming month another 518 new verified people are expected to enter Israel. Segmented by country, Turkey is expected to be the country from which the most patients will arrive - 104. This is when,...

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...

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 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...

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...