Economy

Articles and articles on economics for the public service. Promotions, benefits and discounts, price comparisons, updates and legislation on the subject, economic management and guides to a smart economy and financial savings.

For the first time: the volume of Israeli diamond exports to Bahrain may reach millions of shekels in the coming year

The summary for the month of November published by the supervision of diamonds in the Ministry of Economy and Industry indicates decreases in the four main trade categories of the industry in Israel: import and export of polished diamonds and rough diamonds. Basa"In the first eleven months of this year, …

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Business owners with a turnover of up to 100 million NIS"H? A state-guaranteed loan fund begins its activity

The Accountant General announced that as of today (Monday), the new loan fund is open for submitting applications for a state-guaranteed loan for small and medium-sized businesses whose turnover is up to NIS 100 million. In its new format, 11 different credit providers will operate in the loan fund, with …

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The Minister of Finance signed the order canceling the customs duty on imported products from South Korea

The Minister of Finance, Avigdor Lieberman, today signed the decree canceling the customs duty on industrial and agricultural products imported from South Korea. The order was signed following the entry into force of the free trade agreement signed between Israel and South Korea and ratified by the Israeli government on …

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The Ministry of Economy: Those who received services from Maauf centers establish businesses 24% higher than during the Corona period

The Agency for Small and Medium Businesses helps every year about 5,000 entrepreneurs who apply to Ma’of Centers (the field bodies of the Agency for Business) who wish to start a business. Ma’ouaf’s assistance focuses on helping in building a business plan and understanding the meaning of building a business, …

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A collective agreement was signed that includes wage increases at the Lufthansa airline

The Histadrut transport workers’ union, Lufthansa’s management and the company’s workers’ committee signed a collective agreement today (Wednesday) at the airline. The agreement will be valid for one year. According to the agreement, the basic monthly salaries of all employees will be increased by 4% starting in January 2023. In …

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following a reform "equal way": Arrangement for updating travel reimbursements for public sector employees

Public transportation fare update reform "equal way" was launched last August, and as part of it, the various travel rates were significantly reduced to five uniform rates all over the country, depending on the travel distance between the origin and the destination and the means of transportation (bus or bus …

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The cost of living: the Bank of Israel is expected to raise interest rates in the economy today

The reference of the ‘Bells’ organization to the expected interest rate increase today (Monday) by the Bank of Israel. "The Bells organization, which accompanies families in the field of home economics on a voluntary basis, recommends that families with mortgages and loans carefully check the effect on the amount of …

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