Arab Today, arab today israel pm receives key socioeconomic report
Last Updated : GMT 19:03:41
Arab Today, arab today
Arab Today, arab today

Israel PM receives key socio-economic report

Arab Today, arab today

Arab Today, arab today Israel PM receives key socio-economic report

Jerusalem - AFP

The committee charged with advising the Israeli government on socio-economic change, following a wave of mass protests against high living costs, on Monday presented its proposals to the premier. The report, a 267-page document outlining recommendations on housing, the cost of living, increasing competitiveness, social services, education and taxation, was presented to Prime Minister Benjamin Netanyahu by committee head Manuel Trajtenberg. The committee was set up by Netanyahu last month in a bid to address public anger over the cost of living and wide income disparity, which has seen scores of tent encampments pop up across the country and hundreds of thousands of people protesting. Among the proposals were: free education, which currently begins at the age of five, would start from age three; a significant cut in the defence budget, increases in both capital gains tax and corporation tax, and an array of housing reforms. Implementation of the recommendations would cost an estimated 30 billion shekels ($8 bln/6 bln euros) over five years, although both Netanyahu and Trajtenberg have previously agreed that the government will not spend outside the national budget. "I thank you for this work carried out over the last two months, a record time for realising an historic change," Netanyahu said upon receiving the report. "We will make modifications within the framework of the budget." Speaking to reporters, Trajtenberg said the source of the problem was threefold: "The difficulty for middle classes of making ends meet by the end of the month," as well as "injustice and social inequalities" and "the sense that public opinion is being ignored by politicians and state institutions." "The government should consider not only growth but sharing the fruits of growth," he said, referring to the Jewish state's overall good economic health. The recommendations will be discussed by ministers before eventually being put before parliament, which is currently in recess until the end of October. No timeline has been set for implementing the recommendations. Media reports have suggested that the defence budget would have to absorb a three-billion-shekel cut over five years in order to help foot the bill. Defence Minister Ehud Barak said on Sunday that his ministry would be "willing to contribute what it could to the social protest" in a bid to "bring about a better society." But defence ministry officials issued a statement on Monday warning the move could result in massive layoffs, and unnamed military officials cited in the press said that cutting the defence budget could harm Israel's ability to deal with security threats. "There is no doubt that we couldn't offer solutions for all the issues raised, and not even for most of them," Trajtenberg wrote in a blog posting on Sunday before the report was published. "But focusing on a few central directions of action could alleviate the cost of living, increase the availability and scope of social services, help in providing appropriate housing, increase fair competition in favour of consumers and diminish inequality."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today israel pm receives key socioeconomic report Arab Today, arab today israel pm receives key socioeconomic report

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today israel pm receives key socioeconomic report Arab Today, arab today israel pm receives key socioeconomic report

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Silent Republicans have their reasons

GMT 16:55 2017 Thursday ,19 October

Silent Republicans have their reasons
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday