Kadima chairwoman and Minister of Foreign Affairs Tzipi Livni today criticized Minister of Finance Ronnie Bar-On's economic stimulus plan. She said that it was an inadequate response.
During a tour of the Tefen industrial zone in the Galilee, Livni said, "Although this plan is essential, it is an inadequate response, and is not intended to respond to the financial crisis." During the tour, she met industrialist Stef Wertheimer, who announced that he was joining Kadima.
Livni's said that the plan of Bar-On and Governor of the Bank of Israel Prof. Stanley Fischer responded to urgentconcerns of a slide into recession and unemployment. Livni's aides said that she felt that a complementary plan should be presented soon to address the erosion of provident funds.
Likud whip MK Gideon Saar said in response to Livni's comments, "Just as during the Second Lebanon War and after the Winograd report, Livni once again has demonstrated the same pattern of behavior - shaking off responsibility without doing anything at a time when she is a partner to a failed policy and a senior member of the government."
Published by Globes [online], Israel business news - www.globes-online.com - on November 20, 2008
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