Live Update
From the Liveblog of
Saturday, March 14, 2020
Amid shutdown plans, officials said to warn of irreparable economic damage
Government ministries are warning that a general shutdown of the economy could cause irreparable economic damage, Channel 12 reports.
The network says the Health Ministry is interested in shutting down the economy for five weeks as part of efforts to contain the coronavirus, with exceptions for certain services deemed essential.
“Shutting down the economy is possible — reviving it will be impossible,” the report quotes Finance Minister Moshe Kahlon as saying.
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