The cabinet approved Finance Minister Smotrich’s resolution to compensate businesses harmed by protection rackets, allocating tens of millions of shekels to encourage victims to refuse extortion with state backing, N12 reports.
The cabinet has approved a first-of-its-kind compensation plan for business owners hit by protection rackets (extortion), N12 reports Sunday. Finance Minister Bezalel Smotrich’s resolution allocates tens of millions of shekels to support victims who refuse to pay 'dami chasut' (protection money), offering a state-backed safety net. The move follows a prolonged struggle by northern business owners, as The Zioneer previously reported on Smotrich's plan to bring a NIS 30 million relief proposal to the cabinet. The scope and eligibility criteria of the approved package are not yet detailed.
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