The cabinet approves the government’s plan to send stimulus checks to most Israelis.
Under the plan, single Israelis aged 18 and over would each receive NIS 750 ($218). Couples with one child will receive a one-time payment of NIS 2,000 ($583), rising to NIS 2,500 ($729) for those with two children, and NIS 3,000 ($875) for those with three or more.
Some NIS 6 billion ($1.75 billion) will be allocated for the grants, which will be given to all citizens with the exception of “those earning over NIS 640,000 (approximately $186,000) per annum and senior civil servants earning over NIS 30,000 (approximately $8,700) per month.”
Finance Ministry officials have opposed the proposal.
The bid now goes to the Knesset for approval.