Finance Minister Silvan Shalom believes that the fall in the value of the shekel against the US dollar will not bring about an all-around price hike or increased inflation rate. At a Tel Aviv press conference today (Tuesday), Shalom said that the lowering of interest rates, which caused the fall in the shekel value, was a badly-needed adjustment for a long time. Shalom is convinced that the move will greatly help Israeli exporters and create tens of thousands of jobs in the market. Shalom told reporters that Israeli couples paying mortgages will also benefit from the lower interest rates. The finance minister further said that there is no plan to impose new taxes this year.
In response to a question regarding the ongoing strike of disabled citizens, Shalom denied allegations that he refused to meet with them. He said that he met with them several times since their strike began, but they are demanding 6 billion NIS which is an unrealistic figure to work with.
In response to a question regarding the ongoing strike of disabled citizens, Shalom denied allegations that he refused to meet with them. He said that he met with them several times since their strike began, but they are demanding 6 billion NIS which is an unrealistic figure to work with.