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Bank of Israel against Netanyahu and Katz's economic plan: "Ineffective"

The central bank criticized the outline of a grant for each citizen presented by the prime minister and the finance minister, contrary to the position of the ombudsman. The bank claimed that the principles of the plan were handed over to them shortly before its publication,

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• Bank of Israel

• Benjamin Netanyahu

• Israel Katz

• Corona virus

Sonia Gorodisky

Monday, 25 January 2021, 17:22

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In the video: Contrary to the position of the Speaker: Netanyahu and Katz presented an economic assistance program (Contact)

The Bank of Israel today (Monday) expressed opposition to the economic plan presented last night by Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz.

A statement from the bank said that "a universal and indiscriminate distribution - such as a grant for each child, regardless of income - is ineffective."

According to the Bank of Israel, the principles of the plan were communicated to them shortly before its publication.

Following this, a discussion was held in the Bank's research division, during which it emerged that "the plan lacks many details that would have made it possible to formulate a professional opinion on its cost and effectiveness. The Bank of Israel will examine and analyze it according to its efficiency and economic necessity. "

More on Walla!

NEWS

Just before the election, Netanyahu and Katz are once again pouring stupid money on the public

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