Fiscal monetary policy

Fiscal monetary policy

  
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1

Gov't approves bi-annual budget

Fiscal monetary policy
  Finance Minister Steinitz: This will enable the government to present a long-term plan, maintain stability, and contribute to higher growth.
  Adrian Filut and Shay Niv 04/03/2010
 The Israeli government has approved the two-year budget proposal for 2011-2012 and the new fiscal guideline proposed by the Ministry of finance, the Bank of Israel, and the National Economic Council....
2

Maccabi offers coverage of every prescription drug in world

Fiscal monetary policy
  However, patients who already need a specific drug not in the government's health basket, before joining the policy, cannot be insured for it.
  Shay Niv and Ron Stein 04/03/2010
 Maccabi Healthcare Services is launching a new insurance program which will cover every prescription drug in the world, which is not already in the government's basket of approved drugs. The program ...
3

Histadrut chief opposes two-year budget

Fiscal monetary policy
  Ofer Eini said the constraints of 2009 no longer applied.
  Shay Niv and Adrian Filut 04/03/2010
 Histadrut (General Federation of Labor in Israel) chairman Ofer Eini lined up with the Labor Party against Minister of Finance Yuval Steinitz today, and announced his opposition to the passage of a "...
4

Dankner case "a sad story"

Fiscal monetary policy
  Governor of the Bank of Israel Stanley Fischer spoke to MKs about Bank Hapoalim.
  Uzi Blumer 04/03/2010
 Governor of the Bank of Israel Prof. Stanley Fischer referred in public for the first time today about the police investigation of former Bank Hapoalim (TASE: POLI ) chairman Dan Dankner, calling the...
5

Atias: Hundreds of contractors broke the law

Fiscal monetary policy
  Housing Ministry: Contractors have not reported the sale of 3,000 apartments.
  Adi Ben-Israel 03/03/2010
 The Ministry of Housing and Construction suspects that 650 contractors have broken the Sales (Housing) Law (5733-1973), by not reporting the sale of about 3,000 apartments. Fines could reach NIS 75 ...
6

Gov't posts NIS 2.8b monthly deficit

Fiscal monetary policy
  However, so far this year the government has a NIS 900 million surplus, compared with a deficit in the corresponding months of last year.
  Shira Horesh 03/03/2010
 The government had a budget deficit of NIS 2.8 billion in February 2010, the Ministry of Finance Accountant General's Office announced today. This included a deficit of NIS 2.6 billion on financing ...
7

Shekel strengthens against dollar

Fiscal monetary policy
  The representative shekel-pound rate fell sharply yesterday, dropping 2.385% to NIS 5.661/?.
  Globes' correspondent 03/03/2010
 The shekel opened stronger against the dollar and weaker against the euro today. The shekel-dollar exchange rate is down 0.25% to NIS 3.7775/$, and the shekel-euro exchange rate is up 0.19% to NIS 5....
8

President's residence to get $1m makeover

Fiscal monetary policy
  The Rothschild Foundation will contribute $500,000.
  Lilach Weissman 02/03/2010
 The President's residence will shortly undergo a $1 million renovation, after 40 years. On Thursday, the cabinet is due to approve President Shimon Peres' request to receive a $500,000 donation from ...
9

Gov't to OK 2-year budget

Fiscal monetary policy
  There is no general decision at this time to make two-year budgets permanent.
  Lilach Weissman 02/03/2010
 The government is set to approve a two-year budget for 2011-12 at the upcoming cabinet meeting on Thursday. As first reported by "Globes", in view of recommendations by international organizations, ...
10

Alcohol prices rise following purchase tax reform

Fiscal monetary policy
  Beer and wine are excluded from the reform and some expensive spirits will fall in price.
  Adrian Filut 01/03/2010
 New purchase tax rates on alcohol came into effect today after Minister of Finance Yuval Steinitz signed a directive following discussion on alcohol tax reforms by the Knesset Finance Committee. From...

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