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Former Minister of Finance: To encourage Israelis to go abroad

MK Yuval Steinitz, a former finance minister, admits in an interview with the Knesset channel that Netanyahu made a mistake when he did not pass a budget, and in addition - he has an idea of ​​how to restore the dollar exchange rate to make it easier for exporters from the strong shekel.

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• Yuval Steinitz

• Knesset Channel

• Benjamin Netanyahu

• State budget

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Sunday, 21 November 2021, 08:18 Updated: 08:47

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Yuval Steinitz on the idea of ​​encouraging Israelis to go abroad (Knesset Channel)

MK Yuval Steinitz, former Minister of Finance (2009-2013) and later Minister of Strategic Affairs and Minister of Energy - roles played under Netanyahu admits that Netanyahu erred by not acted to pass the state budget - and effectively brought to topple the unity government with blue and white.

Steinitz Hosted by Roi Katz on the Knesset channel, he said that he thought so in real time and tried to convince his Likud members and Benjamin Netanyahu, then the prime minister, to transfer the budget and maintain the rotation.

In addition, Steinitz provided a surprising reference to several economic issues at stake, including the use of nuclear energy to supply Israel's electricity consumption - as well as the high shekel exchange rate that weighs on exporters.

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To the full article

Steinitz offers to "export" Israelis abroad, in order to weaken the shekel

Steinitz on the mistake of not transferring a budget in the Netanyahu government (Knesset channel)

Snob, have you been abroad yet?

In a conversation with Katz, Steinitz said, among other things, that he believes that the idea of ​​basing the energy economy in Israel on nuclear reactors is not applicable, due to the large number of reactors required to produce energy and due to missile threats in space. his previous positions in the government, energy and strategic threats.

the most surprising reference provided Steinitz referring to the exchange rate of the weak dollar against the shekel strong, damaging export earnings.

according to former finance minister, one of the ways to regulate the exchange rate is not only through purchases of foreign currency By the Bank of Israel, that if by encouraging Israelis to go abroad and spend there, in order to turn outbound tourism (within the limits of the corona of course), into a kind of "import industry" that will make the currency stronger.

The full interview of MK Steinitz with Roi Katz can be found on the Knesset channel's website.

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