Tishrei 30, 5778, 10/20/2017
Finance Ministry Proposed Budget: Raise the VAT, Cut Civil Servants' PayThe Treasury plans to raise the VAT and cut the wages of civil servants in order to reduce Israel’s deficit. Opposition Slams Lapid Over Planned CutsLapid chooses to avoid special Knesset session but finds time to post on Facebook, angering opposition.Lapid: It's Worse than I ThoughtIsrael’s new Finance Minister admits he will have to implement tough economic cuts in order to repair Israel’s economy. Bennett, Lapid Deny Giving Netanyahu an UltimatumBennett and Lapid deny media reports that they plan to demand the Foreign and Finance Ministries or stay away from the coalition. Likud Official: Lapid was Offered Finance MinistryYair Lapid was offered the position of Finance Minister in the new government but has yet to respond to the offer, says Likud. 17-Day-Old Nurses' Strike EndsAgreement between nurses and Finance Ministry will see the nurses' salaries being increased over 4.5 years. Ministry: Economy to Grow 3.5% in 2013The Finance Ministry on Sunday released an optimistic forecast for economic growth in Israel for 2013, with predicted growth at 3.5% Talks Fail, Nurses Go On StrikeIsrael's nurses will begin an open-ended strike on Monday morning, after last minute talks produced no results. U.S. and Israel Sign Off on Loan GuaranteesU.S. Treasury Secretary Tim Geithner and Israeli Finance Ministry Director mark the extension of the U.S.-Israel Loan Guarantee program. Steinitz: Ministers Don't Need BMWsFinance Minister Yuval Steinitz is seeking to cancel the results of a tender for new BMW cars to be provided for government ministers. Fischer Loses Deficit Spending Showdown in CabinetThe cabinet voted to raise Israel's deficit ceiling to 3% over the objections of Bank of Israel governor Stanley Fischer. Fischer Blasts Netanyahu Deficit Spending PlanBank of Israel governor Stanley Fischer says the PM's plan to increase deficit spending is the exact opposite of what Israel should do Commissioner: Demos were 'Well Planned Violence'Police Commissioner Danino: "Freedom to demonstrate must not turn into chaos." Israel's Proven Gas Revenues: NIS 20bThis year's state financial report includes an estimate of Israel's rights to oil and gas discovery revenues. Amount: NIS 20.3 billion. National Labor Strike Set for WednesdayThe Histadrut Labor Federation has set a general strike on Wednesday after the National Labor Court lifted an injunction imposed last week. NII Panel Agrees on Benefit Package for Disabled IsraelisA social services panel has reached an agreement on improving the meager monthly benefits for some 200,000 Israelis who have disabilities. Dead Sea Rehab Deal Reached with Finance MinistryThe government and Israel Corp. have reached a deal on mineral salt harvesting to rehabilitate the Dead Sea -- but not everyone is happy. NIS 1.1b Debt Write-off in Israel Military Industries DealA NIS 1.1b debt write-off for Israel Military Industries and retirement for 950 workers is proposed in a deal to privatize the company. Train Strike Leads to 'Bus Man's (Busy) Holiday'The government has ordered an increase in the number of intercity buses to ensure that a train strike doesn't cripple the country. Finance Ministry: PA Funds Not DelayedContrary to reports Finance Minister Yuval Steinitz had blocked NIS 380 million to the PA officials say the money will be "on time."Israel to Renew Tax Transfer to the PAIsrael announces that the frozen tax money will be transferred to the PA, after confirmation was received that it will not be given to Hamas. 'No Deal' Between Doctors and Finance MinistryTalks between the doctors' union and the Finance Ministry ended late Tuesday night with no resolution. General Strike in Israel AvertedFinance Ministry and the Histadrut Labor Federation reach agreements after night long negotiations, general strike canceled. |
