Israel Plans To Inject 14 Billion Shekel In Financial Aid To Help Boost Economy

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.

Read more at i24NEWS.

{Matzav.com}