After payments for parents arrived this week, all other adults to receive NIS 750 while those living on pensions and allowances to get double sum

Last week's move signals government is abandoning its unsuccessful bid to bring down housing costs, to help construction industry and keep up supply amid pandemic

GDP could contract by 7.2% in 2020 if economic restrictions are reimposed due to coronavirus pandemic, according to forecast

Payments for parents arrive first in controversial NIS 6.5b stimulus plan, to be followed by transfers to the elderly and, eventually, the rest of the population

Some eligible Israelis could receive cash as soon as Sunday; high wage earners excluded while some needier Israelis, bigger families, allocated larger sums

In letter to Netanyahu hours before vote on aid package, association denounces plan as inadequate, says it would cause industry 'extinction'

Data depicts a situation that is 'grim and more problematic than we previously envisioned at this stage of the crisis,' says high-tech industry organization head

Addition brings total estimated cost of proposal to NIS 6.48 billion; reportedly comes following demands from Blue and White party

Proposal draws immediate rebuke from left-wing ministers and MKs; one denounces 'fundamentalist capitalist ideas' that 'erode workers' rights during an unprecedented social crisis'

International energy adviser says deal indicates Israel is 'no longer a taboo' in industry over fear of Arab boycott; still, the energy giant may end up selling the Israeli assets