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October 27, 2016 / 25 Tishri, 5777

Posts Tagged ‘Finance Minister’

Analysis: Bennett Threatening to Walk If Bibi Gives Shaked’s Justice Portfolio to Bougie

Tuesday, May 3rd, 2016

Two left-leaning Israeli media outlets, Ha’aretz and Channel 10, on Monday signaled the formation of advanced negotiations between Prime Minister Benjamin Netanyahu (Likud) and Opposition Leader Itzhak Herzog (Zionist Camp a.k.a. Labor) to build a broad coalition. The talks, which have been egged on by Finance Minister Moshe Kahlon (Kulanu), were interrupted by police investigation of Herzog over election corruption charges. Now, as it appears that the investigation is about to be concluded without a recommendation for an indictment against the son of Israel’s late president and grandson of Israel’s late Chief Rabbi, the rumors of new talks have returned to the foreground in full force—but, as we noted, mostly from the left. Is it wishful thinking or reality?

Ha’aretz on Monday framed the story as a new confrontation between Habayit Hayehudi Chairman Naftali Bennet and the prime minister. According to the daily, Bennett has been threatening that if Netanyahu transfers the Justice portfolio from his party’s number 2 Ayelet Shaked to an incoming Labor minister, the National Religious would depart the coalition. Bennett is quoted as having said “behind closed doors” that “we see in the Justice portfolio an essential issue, which would mean the same as changing the government’s guidelines agreement. It’s not just a personnel issue.”

Ha’aretz, which has been advocating the kicking of Bennett et al to the curb since about the time Netanyahu presented his 61-seat coalition, relishes the story which it presents as the first ultimatum made by a coalition party leader this term. That is, of course, inaccurate, not only because said ultimatum is yet to be voiced publicly, but because Haredi MK Yisrael Eichler in March voiced an actual ultimatum regarding the reversal of Netanyahu’s permissive policy regarding the Reform and Conservative in Israel.

Ha’aretz cited a “senior Likud member” who insisted that the Justice portfolio is, nevertheless, on the table, because Netanyahu is convinced that he can’t go on much longer with his tiny and fragile majority. Over the Winter Session, the PM was blackmailed by several of his members, which cost him a few key votes and ended up costing his government an arm and a leg in flying to Israel hordes of Ethiopian Christians who may or may not have Jews somewhere in their background—all because two pro-Ethiopian Likud members stayed out of the plenum when they were most needed.

But an examination of the reality in both Netanyahu’s coalition and Herzog’s opposition reveals several hurdles the two leaders may not wish to tackle, never mind jump, at this point. There’s little doubt that Bennett, whether he threatened or didn’t threaten with an ultimatum “behind closed doors” would leave the coalition in a huff over Netanyahu’s violation of the coalition guidelines. He will then join with Avigdor Lieberman’s Israel Beiteinu in a rightwing block that would make Netanayahu’s life miserable at every turn, and will certainly cost him a hefty chunk of the Likud base. With several Likud members already barricading themselves along the party’s rightwing wall, this could mark the beginning of the end for Bibi.

But that’s not all. Despite the fact that about a third of Labor, especially the Histadrut trade union chairman Avi Nissenkorn, are very much in favor of joining a Netanyahu government without Habayit Hayehudi, a third of the party—those MKs who don’t stand to gain portfolios or committee chairmanships—are only somewhat inclined to follow, and a third, led by Herzog’s chief opponent MK Erel Margalit, are vehemently opposed to the move and will surely vote with the opposition on most issues.

So that even if Netanyahu manages to wed Herzog, he won’t be getting much more than half his seats as a dowry. He’d be giving up a sure 8 seats and getting in return an iffy 12 to 16, with a chance for open rebellion in the Likud’s right flank.


Kahlon: Half-Billion Shekels to Go to Holocaust Survivors and Elderly

Monday, May 2nd, 2016

By Joshua B. Dermer/TPS

Jerusalem (TPS) – Israeli Finance Minister Moshe Kahlon announced plans on Monday to increase annual financial support for Holocaust survivors and elderly welfare recipients by a half-billion shekels (US$133 million) in advance of the country’s Holocaust Remembrance Day this week.

“Unfortunately, previous Israeli governments have not done enough on behalf of Holocaust survivors…the program is focused on pushing elderly Holocaust survivors over the poverty line,” Kahlon said during the annual Knesset event celebrating the defeat of Nazi Germany. “In addition, there has not been enough done for the economically-disadvantaged elderly population—increasing their benefits was one of our conditions for entering the government.”

The new plans will benefit 60,000 survivors living below the poverty line and will add 350 million shekels (nearly US$1 million) earmarked for elderly welfare recipients.

“Two days from now, on Wednesday, we will enter Yom Hashoah (Holocaust Remembrance Day), as we do every year,” Kahlon said. “As the years pass, we see a decrease in the number of Holocaust survivors in Israel. However, what is not decreasing is our desire to listen to their stories, which are an inseparable part of the country’s founding, as well as our desire to enable them to grow old with dignity”

Government funds towards survivors have increased in recent years, according to Aviv for Holocaust Survivors, an NGO dedicated to informing the Israeli survivor population of updates regarding grant allocation and changes in government policy.

“We believe that in 2016 there are not supposed to be any poor survivors—this is the last opportunity to help Holocaust survivors and that’s why everyone is trying to help,” said Aviva Silverman, CEO and founder of the organization, in an interview with Tazpit Press Service (TPS). “It’s hard to say what impact and influence the project will have, but we truly embrace and treasure every and any kind of support and change. Any benefit given is a blessing.”

The median age of survivors in Israel is 82, Silverman said, and many survivors need assistance in understanding and applying for these benefits.

“The main problem is that because there are so many changes and announcements, the Holocaust survivors are not aware of many of the benefits they can enjoy,” Silverman told TPS. “Our job is to inform them and help them apply for these benefits.”

TPS / Tazpit News Agency

Netanyahu, Kahlon Cut Taxes to Spur Sluggish Economy

Thursday, September 3rd, 2015

Prime Minister Binyamin Netanyahu and Finance Minister Moshe Kahlon announced Thursday they will cut the sales tax (VAT) by one percent and do the same with the corporate tax.

Beginning October 1, the VAT will drop from 18 percent to 17 percent.

The corporate tax will drop from 26.5 percent to 25 percent, starting in January 2016.

It is estimated that the two benefits to consumers will cost the state approximately NIS 6.5 billion ($1.6 billion).

Bank of Israel Governor Karnit Flug, who is not in favor of the plan, immediately announced her criticism of the move.

But in a joint news conference Thursday afternoon, Netanyahu and Kahlon told reporters the move was designed to act as a “growth engine” on an economy that is slowing down.

“We believe in you, we believe in the free market, we believe in freedom,” the prime minister said. “I think this will help growth. I think this will give the economy the boost it needs. At a time when we are hearing about global slowdown, and here too, we want a growth engine and lowering taxes is one of them.”

Hana Levi Julian


Wednesday, June 3rd, 2015

Finance Minister Moshe Kachlon and Bank of Israel Governor Karnit Flug met today to discuss the problem of Israeli banking.

They talked about the 3 main banks who control 70% of the credit in the Israeli banking market.

They want to open more banks and create competition for the citizen and consumer.

Flug took a more cautionary tone, and added that the new banks will need to be monitored properly.

Kachlon’s next target are the insurance and pension fund companies.

Photo of the Day

Yisrael Katz May Replace Lapid as Finance Minister

Wednesday, December 10th, 2014

Prime Minister Binyamin Netanyahu is likely to appoint Likud wheeler-dealer Yisrael Katz as Finance Minister this week, replacing Yair Lapid, whom the Prime Minister fired last week when he decided had enough of the current coalition.

Katz currently is Transportation Minister. He also is an old guard and powerful rough and tough Likud politician, who knows how to get things done but can’t do much of anything unless it is through a back-door deal.

Netanyahu did a masterful job as Finance Minister in the Sharon government a decade ago, and the economy probably would be better off if he were to continue to head the ministry until the elections in March.

However, it is the elections that are prompting him to have Katz take over the job, not for the sake of the economy but for the sake of his own position as Likud leader.

Giving Katz a more prominent position and power would keep at bay challengers to Netanyahu, such as Gideon Saar and Gilad Erdan.

Katz is excellent at pulling strings behind the curtain and keeping people in place, and managing the nation al treasury is nifty way to do so.

Tzvi Ben-Gedalyahu

Report: Senior Israeli Ministers Suspected of Ties with Foreign BDS

Tuesday, February 11th, 2014

The website KR8 reports that Israel’s foreign ministry has warned Prime Minister Netanyau regarding activity within his own government to encourage an international boycott against Israel. As a result, according to the report, Ministers Tzipi Livni, Yaakov Perry and Yair Lapid were not included in a recent special cabinet meeting with the Shabac, Israel’s internal security service.

KR8 points out that the three ministers belong to two parties that did not exist a year before the January 2013 national election, and that both have not disclosed the funding from foreign sources which allowed them to run effective campaigns to attract the “floating votes” between Likud and labor.

In Livni’s case, she had been voted out as chair of the Kadima party, disappeared from view for several months and reappeared with the financial muscle that enabled her to pick up 7 Knesset seats. Lapid’s rise to political success was even more resounding, going from no political experience whatsoever to 19 Knesset seats. The Israeli press has not questioned these two stunning feats of political prowess, even after both Livni’s and Lapid’s parties ended up as the only left-leaning coalition partners.

The angry report from the foreign ministry charged that Livni, Lapid and Perry have been so vociferous and adamant about the impending doom of European and American economic sanctions against Israel’s economy, should the Jewish State fail to sign a peace treaty with the Palestinians, that their message is now threatening to become a self-fulfilling prophecy. Recognizing that some inside Israel’s leadership would actually welcome a boycott, European corporations are softening their resistance to BDS pressures.

When weighing capitulation to the BDS against potential Israeli retaliation, especially in the area of technology and hi tech, those European concerns would have likely chosen not to join the boycott. But when the media is flooded by Israeli voices that give legitimacy to the boycotts, it would make sense for the Europeans to associate themselves with the likes of the Danske Bank, Denmark’s largest, which has a long antisemitic record and strong ties with Iran.

Incidentally, speaking of Danske Bank, which has decided to boycott Israel’s Bank Hapoalim for “legal and ethical” reasons related to its operating in the settlements – is now facing allegations from state prosecutors of price manipulation “of a particularly serious nature” in connection with mortgage bond trading in 2009. Six employees have been suspended, and that only the start.

Instant Karma is such a pleasure to watch…

So far, there have been no confirmation to the KR8 story, which does not quote sources. The likelihood at this point that Netanyahu would fire the three erring ministers is low—while the right wing KR8 reporter’s view is that it is practically inevitable. But who know, Purim is just around the corner, and it’s a holiday renowned for a lot of Karma and of turning bad things around in the nick of time.

Yori Yanover

Lapid Freezes Funding for Draft-Delayed Haredim

Thursday, February 6th, 2014

Finance Minister Yair Lapid on Wednesday froze the money going to Haredi yeshivas, following a Tuesday Supreme Court ruling that ordered the state to halt all payments to yeshivas whose students’ draft has been postponed.

Lapid instructed the Finance Ministry’s comptroller to freeze the payments, but on Thursday he issued a statement saying that, after discovering that the funds had already been sent to the Education Ministry, he convened an emergency meeting with his comptroller following which he ordered her to block those funds as well.

Lapid’s statement said that this was done in an effort to obey the high court’s ruling.

Now the two offices will be cooperating to separate the 18- to 20-year-old yeshiva students with an August draft postponement, who will not be paid, from the rest of the yeshiva students.

“These will no longer receive state funds,” said the Lapid statement. “Only once the Education Ministry’s examination of their cases is concluded will the Finance Ministry release the funds to those yeshiva students not included in the court ruling.”

The Supreme Court ruled on several appeals from so called good government groups. The court ordered government to issue an updated announcement by March 31 regarding the pay, saying the justices might issue a new decision should the Knesset not come up with new legislation by then.

Meanwhile, the justices have prohibited government to transfer any funds “intended to support Torah institution students born in 1994, 95 and the first half of 96, who received their draft date starting in August, 2013, and who have not shown up to be drafted based on general decisions to postpone their draft made by the IDF Chief of Staff.”

So, everybody wins: Lapid gets to show his few remaining potential voters that he’s tough on parasitic Haredim; the Haredi yeshiva deans get to show the world that Israel hates Torah; and Yeshiva students and their families get a rare opportunity to drop their nasty habit of eating several times a day and living in homes.

Yori Yanover

Printed from: http://www.jewishpress.com/news/breaking-news/lapid-freezes-funding-for-draft-delayed-haredim/2014/02/06/

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