Selected articles concerning Israel, published weekly by Suburban Orthodox Toras Chaim’s (Baltimore) Israel Action Committee Edited by Jerry Appelbaum (
[email protected] ) | Founding editor: Sheldon J. Berman Z”L Issue 8 4 8 Volume 20 , Number 2 7 Parshias Matos - Masei | Shabbos Mevarchim July 1 8 , 20 20 Political Paralysis Could Leave Israel at the Mercy of Economic Crisi s By Haviv Rettig Gur timesofisrael.com July 12, 2020 A government signing checks won’t bring economic fall of 2021. Without a better picture of the virus’s spread, rehabilitation . of the likelihood of a third and fourth wave, of the At least 800,000 Israelis are unemployed, with more timetable for a vaccine, of the global economic situation added to the rolls each day. Over 1,000 virus carriers are writ large, and of the economy’s broader resilience in the now being discovered daily as the government face of social distancing measures, pr eparing a 2021 budget contemplates drastic new lockdown measures. A NIS 100 in the middle of 2020 is an exercise in frustration that will billion ($29 billion) emergency recovery and stimulus only delay the work required to turn around a more package pieced together by panicked politicians is set to appropriate 2021 bill in six months’ time. begin disbursement this coming week, adding to a NIS 80 Gantz has rejected the argument repeatedly, even after billion ($23 bi llion) one launched two months ago. Both the Finance Ministry’s budgets chief Shaul Meridor, offer only a short - lived resuscitation for the faltering Director General Keren Terner - Eyal and Accountant economy as 2020 drags through its seventh month without General Roni Hizkiyahu all concurred with Netanyahu.