“Consumers are greedy and ready to pay, the companies are simply taking advantage of the consumer”

“Consumers are greedy and ready to pay, the companies are simply taking advantage of the consumer”

Amnon Merhav, CEO of the Ministry of Economy and Industry, spoke today (Sunday) at the local government center MUNI EXPO 2024 “Israeli Revival” conference. Merhav referred to the problem of Palestinian workers in Israel and said that “the State of Israel needs to free itself from its dependence on Palestinian workers. During the Corona virus, they carried out an economic attack on Israel and prevented them from coming to work, and even then, we had to create alternative solutions. That time is now.”

“We have been dealing with the cost of living since the day we took office. We appealed to all the big companies to freeze prices during the war and it didn't happen, mainly because the consumers are greedy and ready to pay and the companies are simply taking advantage of the consumer and raising prices. They just can. The economy in Israel is centralized with very centralized monopolies. Monopolies need to be dismantled and competition opened up. I do appeal to the heads of the authorities – adopt an obligation to prefer blue and white products in the procurement of the local authorities!” he added.

“At a time when our enemies and haters in the world are boycotting Israeli products – you should prefer local produce. It's ours, it's high quality, it's important and it's true right now.” said in closing.

Photo: Dror Sithachel

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