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Minister Katz Unveils Economic Assistance Program | Israel today

2020-07-08T20:15:48.068Z


| economyThe Corona Crisis Relief Program will include improved one-year unemployment benefits for employees, a living allowance for self-employed and compensation for affected businesses • Today will be presented to the Prime Minister The Treasury's economic plan to assist salaried and self-employed workers has been revealed Photo:  Oren Ben Hakun Finance Minister Israel Katz revealed in a post on hi...


The Corona Crisis Relief Program will include improved one-year unemployment benefits for employees, a living allowance for self-employed and compensation for affected businesses • Today will be presented to the Prime Minister

  • The Treasury's economic plan to assist salaried and self-employed workers has been revealed

    Photo: 

    Oren Ben Hakun

Finance Minister Israel Katz revealed in a post on his Facebook account on Tuesday that he is developing a plan to assist unemployed and business owners following the Corona crisis. This plan should be presented to Prime Minister Netanyahu today.

Among the steps at hand: Improved unemployment benefit for the coming year for employees, a living stipend for self-employed persons, plus business assistance according to their scope and severity. 

The difficulties they face are Israeli citizens, as a result of the recent decisions made, in accordance with the recommendations of the Ministry of Health, closure and restriction of business, ...

Posted by Israel Katz - Israel Katz on Tuesday, July 7, 2020

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In a post, the minister wrote: "The difficulties facing Israeli citizens, as a result of the recent decisions made, in accordance with the recommendations of the Ministry of Health, closure and restriction of business, are before my eyes and guide my activities. We are now formulating a comprehensive aid program for employees, self-employed and business owners, which I will present today "M. The program is based on the principle of mutual guarantee and will provide an answer to the payment of improved unemployment benefits for the coming year to all unemployed employees and also a regular monthly living stipend for this period to self-employed persons whose business will be significantly impaired. In addition, assistance will be provided to businesses themselves, depending on the size of the business and the degree of harm. " 

Photo: Gil Kramer

The post was signed by Minister Katz, saying: "The program will incorporate many other components aimed at helping to pass the Corona crisis and bring the Israeli economy back to growth and growth. In implementing the plan, lessons learned from previous programs will be assimilated even before a periodic decision, to ensure swift implementation of the decisions." 

Source: israelhayom

All news articles on 2020-07-08

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