PM promises reforms amidst social protests

As demonstrations continue across Israel, Israeli Prime Minister Benjamin Netanyahu pledges further action to curb high housing prices and the soaring cost of living:

Prime Minister Binyamin Netanyahu addressed the current social unrest over affordable housing and the rising cost of living, saying that “the issues arising from the street are justified. We must tend do them without causing damage to the business sector.”

Speaking at the Likud faction meeting, the prime minister added that the current government is “accomplishing things that haven’t been done in decades. We have succeeded in lowering unemployment to it’s lowest level in 30 years,” which was at a record low of 5.7 percent in May.

Netanyahu continued to outline the way in which the government is addressing complaints about the soaring cost of living in Israel, explaining “We are tackling these issues in two ways: The first thing being addressed are cartels, as well as government and private monopolies. The other issue lies in the taxation system. It’s good that [this social movement is] happening now, these important issues deserve our attention.”


Author: David Kuner | August 2, 2011
Posted in:  Economics, Israel, Netanyahu


 

What do you think?

  • StaceyLynn
    August 16, 2011
    11:07 pm
     

    Een saying it.patiently, he is been saying it extremely patiently for at least 10 years. The unemployment rate is half that in the States and probably much less than in Europe.I rely hope you apprecia

    Reply to this comment »
  • StaceyLynn
    August 16, 2011
    10:55 pm
     

    He has been right about so many things like warning the world about the danger of murderous psychopaths armed with wmd’s. He has been saying that maybe that wasn’t such a good idea. How long has he be

    Reply to this comment »
  • Hugo
    August 12, 2011
    2:13 am
     

    PM.Netanyahu is doing a great job under the current circumstances, the left both in government and outside have and are trying to destroye him and his party.PM Netanyahu has given Israel real solutions to the demands of the current demands by the protesters.Kol Hakavod PM. B. Netanyahu !!

    Reply to this comment »
    • domanick
      August 18, 2011
      7:41 pm
       

      Netanyahu has god with him the god of abraham issac and jacob praise the lord god and his son jesus christ and the holy spirit we must also pray for mike evans and the jerusalam prayer

      Reply to this comment »
    • michael
      September 8, 2011
      8:32 pm
       

      Ben will not stand down at the U.N. couincil and any deals for land will be rejected at once. the U.N. and plestine cannot make any deals for Jewish land…let hammas live in the saudia desert !!!!

      Reply to this comment »

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