Live Update 
From the Liveblog of
Wednesday, July 15, 2020
From the Liveblog of
Wednesday, July 15, 2020
TV: ‘Yelling’ and comparisons to Venezuela at meeting on government stipends
Add ToI as a Preferred Source on GoogleThe meeting between finance officials on the government proposal to issue stipends for all Israeli citizens devolved into a screaming match, with yelling heard in nearby offices, reports Channel 12.
Shaul Meridor, the head of the Finance Ministry’s budget division, warns during the meeting: “This is not a very smart way to distribute money.”
“We need to be careful not to be Venezuela,” he says, according to the TV report, referring to the country’s difficulties in raising money because of financial impropriety.
The report says no Bank of Israel representatives were involved in the formulation of the plan.
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