Lapid: Worried about rates of haredim, Arabs in workforce

March 25, 2013 16:03


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Finance Minister Yair Lapid held a "marathon" of meetings with senior Finance Ministry officials on Monday, after which he said that he is worried about the low participation rates of haredim and Arabs in the workforce.

"I am very concerned about the economic data presented to me," Lapid said. This data is very difficult for the Israeli economy and it must be dealt with immediately in conjunction with integrating these populations into the workforce, he added. Lapid said: "We still haven't come to a detailed decision concerning the necessary economic measures. Following the discussions with the finance heads and the prime minister I will turn to the public and I will present a picture of the economy and the steps needed to get it back on the right path."

Before the Passover holiday, Lapid and Bank of Israel Governor Stanley Fisher met to further discuss the steps needed in order to deal with the country's economic problems.

Lapid also discussed the global economic challenges with US Treasury Secretary Jacob Lew.

Lapid stated that he inteded to continue talks with economic official over the Passover holiday.

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