Former Prime Minister Naftali Bennett on Tuesday evening announced a 'new cost-of-living deal' as part of his platform to reform Israel. The plan includes aggressive steps to dismantle monopolies, boost competition, remove import barriers to lower food prices, and expand competition in the kashrut market by offering consumers a wider choice of kosher certifications. Bennett claimed the package would reduce prices by 30%.
Former Prime Minister Naftali Bennett on Tuesday evening announced a sweeping 'new cost-of-living deal,' pledging to break up monopolies, remove import barriers, and lower consumer prices by 30%. The economic plan, unveiled as part of his Together party's platform for reforming Israel, targets what Bennett called 'monopolies across the supply chain' and includes measures to increase competition in the kashrut market by allowing a greater variety of kosher certifying agencies. The announcement follows a related economic plan Bennett presented earlier Tuesday evening focused on dismantling the Tnuva dairy monopoly, which The Zioneer reported at 18:54. Bennett's proposal does not include legislative details or a timeline, and faces the challenge of securing Knesset majority support for deregulation and import liberalization. The plan is the latest in a series of policy rollouts by the opposition leader, who has previously unveiled a 'revolutionary' education reform and a broader 'new contract' for overhauling state systems. Skeptics note that previous cost-of-living initiatives by various governments have had mixed results in passing structural reforms through the Knesset.
2 developments
- DevelopingChannel 13 poll: Bennett-led coalition rated best on cost of living, Bennett 36%, Eisenkot 17%, Netanyahu 15%
- StrongBennett calls for a 'new contract' to overhaul Israel's systems
- StrongKnesset advances bill to cut VAT to 17% amid push to ease cost of living
- StrongBennett slams education minister as 'terrible,' unveils detailed school reform plan
Source and signal
- Internal intake