MK Forer sets an ultimatum to the government • The Finance Director refused to present to the committee a plan not approved by the PM • The Tel Aviv Stock Exchange responded positively to the possibility of injecting funds

• MK Oded Forer // Photo: Oren Ben Hakun

The Tel Aviv Stock Exchange yesterday reacted positively to the economic discourse of injecting money into the market, much like the New York investors' delight at President Trump's unprecedented assistance.

The TA-125 index rose by 3.38%, completing a weekly increase of 6%. Thus, declines from the beginning of the year also dipped to 24%. The TA-35 index rose by 3%, completing a 4.1% increase this week and a similar annual decline. Of the big index. Government bonds, the shekels, also changed this week, rising 1.8%, returning to the solid range of only 0.5% from the beginning of the year. Positive and positive trading also opened in the US yesterday, and the leading indices jumped about 4%.

Meanwhile, Treasury Director General Shai Babad told members of the Provisional Finance Committee yesterday: "We have so far provided NIS 40 billion in economic aid." The committee's chairman, MK Oded Forer, responded to the remarks, saying: "Put the data to their credit.

Babad has detailed the budget allocation so far: NIS 10 billion unemployment and vacation allowance, NIS 8 billion for small and medium-sized business aid funds, as well as the facilitation of deferred payments of NIS 20 billion for compulsory payments such as mortgage, VAT ", Property taxes, electricity, water, fees and more. According to him, the health system is getting everything it wants: "For the health system's needs, following the Corona crisis, about NIS 2.5 billion have been allocated to date. There are additional allocations that will reach up to NIS 10 billion for these needs."

MK Forer remarked: "With all due respect, much of the money is given from the banks. You didn't give NIS 8 billion to business. Use the data to confirm it, don't try to paint another picture. "

Babad acknowledged that NIS 25 billion was given as cash, and only about 15 billion were cash out. At the request of the committee chairman to accept a plan, Babad replied: All countries are learning on the move what to do. "Babad noted that the Treasury was about to present to the Prime Minister a comprehensive economic plan. MK Forer stubbornly told Babad that the Treasury's comments were being broadcast on television, and told him:" The Treasury's requests also We answered first on Channel 13 and only later on to the curator. "