BREAKING NEWS

Treasury targeting Israel's poor business ratings in 2017 budget

Will 2017 be the year that Israel reverses its persistent plunge down the World Bank's Ease of Doing Business rankings?
Finance Ministry Director-General Shai Babad says it will.
Speaking at the Israel Democracy Institute's annual conference on Tuesday, Babad said that the ministry was preparing a package of reforms that would tackle Israel's ignominious place in the international rankings, cutting out bureaucratic steps, payments, and hassles associated with starting a new business.
Those reforms would ultimately be introduces as part of the upcoming economic arrangements law, the economic plan that accompanies the budget each year.
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