Khalon calls for expanded benefits, credit for small businesses

Koolanu leader says government should pass legislation to ensure independent workers, such as entrepreneurs, get the same benefits as other employee.

By
January 25, 2015 19:54
1 minute read.
Moshe Kahlon

Moshe Kahlon. (photo credit: REUTERS)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Koolanu Party leader Moshe Kahlon on Sunday called for offering pension benefits and expanded credit to small business owners.

“The subject of equal opportunities between a small and large business is important, because they were deprived for years,” Kahlon said at a conference on small and medium businesses.

Be the first to know - Join our Facebook page.


“We can create a preference for small and medium businesses. It’s good for the country that they grow and develop and hire more workers and more families will make a living.”

The government should pass legislation to ensure that independent workers, such as entrepreneurs, get the same benefits as other employees.

“As welfare minister, I managed to convince the National Insurance Institute to deal with the issue of unemployment benefits for independent workers. The question is not whether they will approve unemployment and pension funds for independent workers, but when it will happen. It can’t be that everyone will have a pension and you won’t,” he told the crowd. The cause, he added, is “right, just, and moral.”

Regulation, he continued, needs to be eased. “Regulation is strangling small business. By the time you manage to get a license, you already close your business,” he said.

Another aspect of boosting small businesses is increasing credit, he said, a problem he called on the Bank of Israel to take up more seriously through regulation. By requiring a higher percentage of credit to go to small businesses, the bank could help spur their growth, he said.

JPOST VIDEOS THAT MIGHT INTEREST YOU:


“I am in favor of a free market, I believe that the state must create opportunities and let businesses thrive. But the social sensitivity has to be more than it is today. I am in favor of giving businesses incentives so they can profit,” he said.

Kahlon has repeatedly mentioned the lack of competition in Israel’s financial system as a central economic problem for the country.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Gideon Sa'ar
March 24, 2015
Sa'ar says national unity government is 'still on the table'

By JPOST.COM STAFF