Netanyahu takes fire from coalition partners, Treasury over virus handout plan


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(Worthy News) – Prime Minister Benjamin Netanyahu’s new financial aid package for the economic crisis set off by the coronavirus pandemic came under fire on Wednesday after Netanyahu announced the proposal.

Criticism came from Finance Ministry officials and the premier’s coalition partners and mostly centered on the plan’s call to disburse money to all Israelis, regardless of income or whether they were hurt economically by the government-mandated restrictions to contain the virus, and for its high cost.

The plan will see couples with one child receive a one-time payment of NIS 2,000 ($583), which rises to NIS 2,500 ($729) for those with two children, and NIS 3,000 ($875) for those with three or more. Households without children would receive NIS 750 ($218). It is expected to cost NIS 6 billion ($1.75 billion). [ Source: Times of Israel (Read More…) ]

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