Knesset passes Economic Arrangements Law

Published date04 November 2021
The Economic Arrangements Law, which accompanies the annual budget, includes major reforms such as gradually raising the retirement age for women from 62 to 65, over the next 11 years. The law also includes a range of measure to compensate women including doubling work grants, extending unemployment benefits, higher social support payments and an allocation of NIS 82.5 million for professional retraining of women aged 57-60.

The Economic Arrangements Law also includes the introduction of the congestion charge in the Tel Aviv Metropolitan region from 2025. According to the law, Between 6.30 am and 10 am for vehicles traveling towards Tel Aviv, it will cost NIS 5 to enter the outer ring, NIS 10 to enter the middle ring and an additional NIS 10 to enter the inner ring for a maximum of NIS 25. Between 3 pm and 7 pm cars in both directions will pay NIS 2.50 to enter the outer ring, NIS 5 to enter or exit the middle ring and an additional NIS 5 to enter or exit the inner ring. Motorcycles (and motor scooters), buses and emergency vehicles will travel for free, while trucks will pay double. Taxis will pay 50% which will immediately be added on to their passenger's fares.

The law also includes reforms to allow competition in the kashrut market and regulations to bring...

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