City
Epaper

Prime Minister's Office plans to spend billions on infrastructure projects

By ANI | Updated: July 3, 2023 20:10 IST

Tel Aviv [Israel], July 3 (ANI/TPS): The Israel Prime Minister's Office published its "Infrastructure for Growth 2023" plan for ...

Open in App

Tel Aviv [Israel], July 3 (ANI/TPS): The Israel Prime Minister's Office published its "Infrastructure for Growth 2023" plan for 228 infrastructure projects throughout the country with a total cost of 433 billion Shekels (USD 117 billion), whose construction has actually begun or will begin between the years 2023-2027 (the projects that appear in the publication are projects that have been given budgetary approval or for which there is budgetary certainty).

The Prime Minister of Israel Benjamin Netanyahu's government said the plan's publication is an expression of its "extensive efforts" in infrastructure and increasing labour productivity, recognizing that they are a "key growth lever" for the economy and a means of reducing disparities.

Director General of the Prime Minister's Office Yossi Shelli commented, "Infrastructure development is one of the most important and central generators of economic growth for the Israeli economy. A broad investment in infrastructure is necessary to increase labour productivity in the Israeli economy, maximise the State of Israel's economic potential and strengthen its economic and political power." (ANI/TPS)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Israel prime minister's officeYossi shelliisraelTel AvivIsraeli EmbassyState Of IsraelIsraeli ArmyIsrael Benjamin NetanyahuIsrael KatzMaccabi Tel AvivIsrael NsoTel Aviv District Court
Open in App

Related Stories

InternationalIsrael-Iran Ceasefire: Dangerous Leaving Wounded Lion, Says Israeli Opposition Leader Avigdor Lieberman

BusinessIndian Stocks Recover From Heavy Losses As Israel-Iran Conflict Continues; Sensex Closes 511 Points Down

InternationalIsrael Airstrikes: 6 Military Airports in Iran Targeted; 15 Fighter Jets and Helicopters Reportedly Destroyed

National'We Should Ask Pakistanis': Asaduddin Owaisi on US Strikes on Iran’s Nuclear Facilities

InternationalUS Issues ‘Worldwide Caution’ for Americans After Iran Strike

International Realted Stories

International"I don't know anything about it": Trump on US imports of Russian chemicals and fertilizers

InternationalIndia, Philippines elevate ties to Strategic Partnership; PM Modi says historic day for bilateral relations

InternationalNetanyahu meets security officials, discusses options for campaign in Gaza

InternationalEarthquake of 2.7 magnitude hits New Jersey, tremors felt in parts of New York

InternationalPhilippines President Marcos calls India visit "productive and constructive"