Live Update 
From the Liveblog of
Saturday, March 28, 2020
From the Liveblog of
Saturday, March 28, 2020
Kahlon proposes NIS 5 billion aid package to businesses
Add ToI as a Preferred Source on GoogleFinance Minister Moshe Kahlon is reportedly pushing to okay a NIS 5 billion ($1.4 billion) economic aid package for small businesses to help alleviate the suffering from the restrictions imposed due to the coronavirus pandemic.
Kahlon “wants to issue checks” to these businesses as grants and forego moves such as easing taxes or delaying payments, Channel 12 reports.
The government is set to meet on Sunday to discuss tightening restrictions in Israel amid efforts to curb the spread. These directives have hit small- and medium-sized businesses which have either been forced to close or operated on reduced levels.
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