Steinitz: Election results reasonable for economy

"Yair Lapid and Naftali Bennett refrained from socialist populism."

In remarks to senior figures from the Israel Bonds organization at the annual fund-raising event held in Boca Raton, Florida yesterday, Minister of Finance Yuval Steinitz commented on the results of the Knesset election held in Israel last week. "The results of the election in Israel are reasonable as far as the economy is concerned," he said.

Steinitz stressed that Yair Lapid, head of the Yesh Atid party, and Naftali Bennett, head of Habayit Hayehudi, who were highly successful in the election, had both refrained in their campaigns from socialist populism. "Lapid and Bennett appear to support a rational economic policy, one that gives highest priority to economic growth, and they too have called for the aim to be the avoidance of unnecessary taxes."

The Israel Bonds event raised $230 million, the highest amount ever raised by the organization in one evening. The organization raised some $800 million annually.

"The impressive amount raised is another indication of Israel's economic robustness and of the strength of the ties between the North American Jewish community and Israel," Steinitz said.

Published by Globes [online], Israel business news - www.globes-online.com - on January 28, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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