Posted on 05/25/20
| News Source: MATZAV
The government approved on Sunday a plan that Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz proposed to inject an additional NIS 14 billion ($4 billion) into the economic aid program in order to resolve the crisis caused by the coronavirus.
Thanks to this new contribution, the aid plan will amount to a total of NIS 100 billion ($28 billion).
The funds will help revive businesses and new projects to encourage employment and reduce the unemployment rate.
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