economy

Nonprofits not directly related to war effort see dramatic decline in donations

Zichron Menachem, which provides support to children with cancer and their families, said that they have seen an 11% drop in donors with a 25% decline in revenue donated this year.

Govt economic plan includes slashing benefits for olim worth over NIS 500,000

A 10% increase in benefits for olim will be worth less.

Welfare, wage, and ministry cuts: Treasury unveils plan for 2025 budget

The budget outline includes closing five ministries and numerous budget cuts to ministries, which may bring resistance from ministers and slow its passage through the Knesset.

Wartime gov't payouts risk stoking inflation

The high cost of the war and the supply problems it has caused, tax hikes expected in 2025, and wage increases, are all pushing prices upwards.

By AHARON KATZ/GLOBES/TNS
30/10/2024

North and South call for more effective compensation plans as Israel faces dual recovery challenges

While NIS 19 billion has been approved for rehabilitation, 5 billion of these remain frozen, waiting for the delineation of the area included in the rehabilitation.

29/10/2024

Finance Ministry drops growth prediction, citing expansion of fighting

The Finance Ministry laid out a number of factors that could impact the growth projection, causing it to rise or fall.

29/10/2024

Israel may drop out of developed world if key professionals emigrate

A pivot in national priorities during the 1970s, which has been exacerbated by the current government, may now accelerate the exodus from Israel.

27/10/2024

Islamabad hosts SCO Summit focused on economic collaboration and regional stability

The Shanghai Cooperation Organization's 23rd meeting emphasized the need for improved regional economic collaboration to enhance prosperity among member states

By ARSHAD MEHMOOD/THE MEDIA LINE
26/10/2024

US Treasury official speaks to Palestinian Authority PM about economic stability

US Deputy Treasury Secretary Adeyemo met with Palestinian Prime Minister Mustafa on Monday to discuss West Bank economic stability and anti-terrorism financing measures.

22/10/2024

GDP growth at 0.3%, consumer confidence down from last year - CBS

The economy was supported by gains in consumer and state spending and in investment in fixed assets, while exports fell.

15/10/2024
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