Netanyahu Unveils Israel's $22.4 Billion Coronavirus Stimulus Package скачать в хорошем качестве

Netanyahu Unveils Israel's $22.4 Billion Coronavirus Stimulus Package

Articles: https://www.i24news.tv/en Live: https://video.i24news.tv/page/live?cl... Replay: https://video.i24news.tv/page/5ab2981... Facebook:   / i24newsen   Twitter:   / i24news_en   Instagram:   / i24news   #i24NEWS #COVID19 #Israel #EconomicPlan i24NEWS DESK | "We'll do everything we can to bring our economy back to growth", Israel's caretaker Prime Minister Benjamin Netanyahu said Monday, unveiling the billions-worth plan on bolstering the Israeli economy in the face of the COVID-19 coronavirus. Half of the money will come in cash, the other -- in loans with lax conditions, the PM said during a joint presser with Finance Minister Moshe Kahlon, stressing the cost of the plan amounted to some six percent of the Israeli GDP. The three-month plan, worth some 80 billion shekels -- or over $22.4 billion -- has been in the making for the past few days. "We will do our best to stabilize the economy," Kahlon said, hinting that more resources could be deployed if necessary. He said he expected a gradual reopening of the economy in mid-April, following the Passover holidays. Elaborating on the exact measures included in the package, he said that four main areas were covered under the plan: healthcare, which is allocated 10 billion shekels, social protections (20 billion), 30 billion for the small and medium businesses that are still operating and eight billion shekels for restoring market strength after the crisis. The plan is set to support the businesses hit by the outbreak, with non-essential services in the country ordered to shut down or allow employees work from home, and provide relief to freelancers. It also provides for support for the unemployed as more and more Israelis found themselves without a job; according to the official figures, the unemployment rate in the country surged to 23% on Monday.