Netanyahu’s original intention, with Finance Minister Israel Katz, was to give every citizen, regardless of his economic standard of living, up to NIS 3,000, due to the corona crisis.
The withdrawal from this program came at the end of his meeting today (Monday) with Defense Minister and Deputy Prime Minister Bnei Gantz, Finance Minister Israel Katz and Economy Minister Amir Peretz, to discuss the model for allocating grants to Israeli citizens.
These are the details summarized:
• A grant budget of NIS 6 billion will be allocated.
• The grants will be distributed to all Israeli citizens, except those who earn more than NIS 640,000 a year, as well as public sector executives who earn more than NIS 30,000 a month.
• An individual defined in the following populations will receive an increased grant: Nursing allowance, disability allowance, guaranteed income, needy new immigrants (two years in the country), unemployed over 67, elderly recipients of income supplement.