The Socio-Economic Cabinet, with the participation of Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich, convened today to address a range of critical issues affecting the nation.
One of the key decisions made during this meeting was to provide property tax exemptions for residences located in evacuated cities. This measure, which includes full indemnification for local authorities and businesses concerning property tax payments, aims to alleviate the financial burden on those affected by such circumstances.
The Cabinet also devoted attention to updates regarding grants for both workers and businesses. The primary objective is to support the reintegration of employees into the workforce, particularly those who had been evacuated from their jobs. Notably, evacuated employees will receive a monthly allowance of NIS 3,000, along with comprehensive reimbursement for their transportation expenses, relieving the economic strain on both workers and employers.
Additionally, grants were discussed for individuals entering the agriculture and construction sectors. This initiative seeks to provide financial assistance to those embarking on new careers in these vital industries.
It includes support in the form of NIS 3,000 per month for the first two months, followed by NIS 4,000 for the third month. For workers in areas that have been evacuated by the National Emergency Management Authority (NEMA), the grant is enhanced, doubling the initial support to NIS 6,000 for the first two months and NIS 8,000 for the third month.
The Cabinet ministers also addressed the important matter of recommendations to be presented to the Security Cabinet regarding the employment of Palestinians. This discussion was prompted by a request from the Security Cabinet, although it concluded without a specific recommendation at this time.
Furthermore, Prime Minister Netanyahu reiterated the government’s commitment to providing substantial financial support to the citizens of Israel. He announced an additional budget allocation of NIS 13 billion for civilian assistance in the months of November and December.
This significant financial injection underscores the government’s determination to support not only businesses but also evacuees, families affected by crises, local authorities in the north and south, and reservists. It is a testament to the country’s economic resilience and its unwavering resolve to ensure that no one is left without the necessary financial assistance.
Prime Minister Netanyahu emphasized that a strong and secure home front is pivotal to achieving the country’s national security goals, underscoring the interconnectedness of economic stability and national defense.