Industry
59d agoIsrael Launches NIS 1.6 Billion Tech Package
A NIS 1.6 billion support package targets Israel's high-tech and export sectors to offset a strengthening shekel. The Ministry of Finance adopted these measures following specific task force recommendations. This fiscal intervention aims to maintain competitiveness for local firms.
The Signal
It provides a necessary buffer for Israeli startups facing currency-driven revenue losses in foreign markets.