The government has approved the grant program: payment of at least NIS 750 per citizen

Posted on Jul 26, 2020 by Ifi Reporter - Dan Bielski

The government has approved the grant program, which includes a payment of at least NIS 750 per citizen. All the ministers supported except the Minister of Strategic Affairs, Orit Farkash HaCohen, and the Minister of Defense, Michael Bitton, both with a white brush.
"If we do not succeed, the school year will not open," he said. "The purpose of the Grants Law is to encourage and increase consumption in the economy," he said.
The scope of the plan submitted to the government was increased by an additional NIS 500 million from the original plan, to NIS 6.5 billion, after it was decided to double the benefits for the weaker populations that receive benefits from the National Insurance Institute. Thus, the plan is expected to increase the entire budget of the six aid programs since the outbreak of the corona crisis to close to NIS 200 billion.
Minister Orit Farkash HaCohen, who abstained, said she was opposed to adding half a billion shekels to the plan. "We need to stop working patch by patch. We are in a continuous budget, we continue to cross the border of the deficit target without an orderly plan. We need to transfer an orderly budget with a plan that will build growth engines to the economy.
Following the amendments made to the plan, which was initiated by the Prime Minister's economic advisor, Prof. Avi Simhon, the grants will be awarded to civilians earning up to NIS 640,000 per year, according to reports submitted for 2019, according to this key:
A citizen aged 18 and over (who turned 18 to June 30 this year) will receive NIS 750. Parents of children will receive an additional NIS 500 for each child up to the third child (inclusive).
In the case of divorced parents, the parent who receives the child allowance from the National Insurance for them will receive the money for the children and the other parent will receive only NIS 750 for himself.
Those who are entitled to a nursing benefit, a needy disabled benefit, an income support benefit, a monthly payment under the Alimony Law and a new needy immigrant benefit provided by the Ministry of Absorption will receive a double benefit.
Since the National Insurance Institute does not have details on citizens aged 18 and over who do not receive benefits and are not recognized by the National Insurance Institute, anyone who does not receive the grant will have to apply to the National Insurance Institute within a year and demand the grant. It should be noted that the grants will not be considered as income for the purpose of paying tax.
The plan will also be submitted today for approval by the Ministerial Committee for Legislation, and on Monday this week for approval by the Knesset, where it is expected to be passed by Wednesday in three readings.
It is estimated that the payment of the grants will begin next week, after the plan is approved in the three readings in the Knesset.

 


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