Ronnie Bar-On: This plan is unprecedented in its scale.
Minister of Finance Ronnie Bar-On today presented his NIS 21.7 billion economic plan to the social economic cabinet. He said, "This plan is unprecedented in its scale." He said that the plan would increase job and growth-fostering investment.
The Ministry of Finance's measures for limiting unemployment include training fired high-tech employees as teachers and IDF or National Service for haredi (ultra-orthodox) yeshiva students, and subsidizing salaries for them to join the labor force. The ministry also proposes expanding the Wisconsin welfare-to-work plan.
Published by Globes [online], Israel business news - www.globes-online.com - on November 19, 2008
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