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Minister Eli Cohen: "Smotrich was wrong when he attacked Moody's, we must make sure that the credit rating goes up" - voila! Of money

2024-02-15T05:29:48.160Z

Highlights: Minister Eli Cohen: "Smotrich was wrong when he attacked Moody's, we must make sure that the credit rating goes up" "The ultra-Orthodox and the minorities must get under the stretcher and share the burden through the recruitment plan" "We must strive to expand our coalition beyond 64 MKs and include Gantz, Lieberman and Saar as part of the government" "I cannot intervene in the tax issue because the matter is under the authority of the Minister of Finance"


According to the Minister of Energy and Infrastructure, "Israel's economy is solid, but we must implement Moody's recommendations and return the economy to growth. We must prevent price increases that cause inflation"


Foreign Minister Eli Cohen on a tour in the north / Yoav Ityel

"After a fierce war, Israel faces enormous security challenges that will require the IDF to grow.

At this time, when the burden of service falls only on a part of the population, the ultra-Orthodox and the minority populations must get under the stretcher and share the burden through the recruitment plan," says Minister of Energy and Infrastructure Eli Cohen.



He adds that "those who are unable to integrate into a military framework like the Arabs or some of the ultra-Orthodox, and that Will be examined in depth, must integrate into national service.

A fierce war proved that every citizen in Israel must do a certain military service or national service."



The Minister of Energy dismisses the calls for early elections: "These days we must be busy winning.

I meet with fighters in the field and hear from all of them that they want unity.

I'm not sure that an election now will promote that.



"After the war, we must strive to expand our coalition beyond 64 MKs and include Gantz, Lieberman and Saar as part of the government.

The country's challenges include both the security and economic issues.

For me, it is better that the elections take place on time."

Cohen.

"The ultra-Orthodox and the minorities must get under the stretcher and share the burden through the recruitment plan"/official website, spokeswoman for the Ministry of Foreign Affairs

Before joining politics, Cohen served as the deputy director general of the Yishuv training and as the head of the corporate division at the credit rating company S&P.



Regarding the reactions to the downgrading of Israel's credit rating by Moody's, he says that "the Minister of Finance was wrong when he attacked Moody's.

He must implement the recommendations to return the economy to growth lines and ensure that the rating rises again.

Israel has many technological advantages and one of the important things besides high-tech is to significantly increase residential construction and free up land as quickly as possible."



Cohen adds that "Israel's economy is solid.

The country's rating is at the highest levels, but you have to understand that war has high prices, including an economic price."



Regarding the ego struggles in companies in the energy industry and the appointment of directors to the Electric Company, he says that "I held a number of meetings with all the parties concerned and we defined the goals.

I said that everyone must work together to increase competition and lower prices and give up the ego struggle.

After two years of not having a chairman at the electric company, Doron Arveli, the former director of the Tax Authority, will be appointed to the position.



"In addition, two board members will be added to complete the quorum.

One of them will be Michal Franco in the front, and this is to increase the female representation."

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Gideon Sa'ar and Bnei Gantz.

"We must expand the coalition and include Gantz Lieberman and Sa'ar in the government"/Knesset spokeswoman, Noam Moshkowitz

The Minister of Energy intends to fight the cost of living by lowering electricity rates and recommends reducing gasoline for cars.

"In the last year, the Minister of Finance did lower the excise tax on gasoline and the price almost did not rise. I cannot intervene in the tax issue because the matter is under the authority of the Minister of Finance. I still maintained that it is necessary to prevent price increases of inflation generators such as electricity, water, fuel and gasoline for cars



. To prevent the increase in prices, including the reduction of the excise duty on gasoline, because this will keep inflation low and subsequently allow the interest rate to be lowered."



Regarding the closing of the Reading power plant in Tel Aviv, he added that "the station waited too long and I decided to cut it. Continuing to invest in the station is not worthwhile. Closing it will allow to reduce the air pollution in Gush Dan, to return part of the coastline to the citizens and part of the land to the state.



"The proceeds from the sale of the land will be used for investments in the periphery and to finance a plan to bury power lines to the extent of NIS 20 billion underground.

In the rest of the area, storage facilities will be established with the participation of the private market.

In addition, we will speed up a plan to establish electrical energy facilities throughout the country to balance the hours of demand for electricity and the low.

  • More on the same topic:

  • Eli Cohen

  • Bezalel Smotrich

  • Moody's

  • religious

  • Elections

  • Avigdor Lieberman

  • Benny Gantz

  • Gideon Saar

  • fuel prices

Source: walla

All business articles on 2024-02-15

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