News Briefs

  Sivan 15, 5772 , 05/06/12

PM: Social Justice Impossible Without Growth

Secretary General Angel Gurria of the Organization for Economic Coordination and Development (OECD) met with Prime Minister Binyamin Netanyahu and Finance Minister Yuval Steinitz, Tuesday morning, regarding Israel's economy and trends in the global economy. Gurria will hold a similar meeting, Tuesday evening with President Shim'on Peres, and take part in a forum on social policy with Governor Stanley Fisher of the Bank of Israel and Professor Manuel Trajtenberg.

Referring to the Trajtenberg Committee report on socioeconomic change during a news conference with Gurria and Steinitz, Netanyahu said his administration's policies were correct, against centralized wealth and in favor of social justice. He continued, "You cannot achieve social justice without growth. Israel kept this balance. We passed the [international financial] crisis giant successfully almost better than all the OECD countries. We also made a quarter million jobs, we also grew and we also reduced the [national] debt. We managed it in a responsible manner and we reduced poverty."

Other archived news briefs:Jun 05 2012, 12:36 PM, 6/5/2012