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Ongoing Story· Day 4

Public Lobby Fights for Israelis' Economic Interests

2 developments

Makor RishonPolitics

Public Lobby Fights Rising Costs, Big Business Influence

Translated & summarized from Makor Rishon by baba

RightCharged tone

Hebrew · 1 newsroom

Lobby 99, a public interest group, advocates for Israeli citizens in the Knesset and government to address the high cost of living and corporate influence. The organization works across the political spectrum to increase competition, lower prices, and improve savings programs. Funded solely by public contributions, Lobby 99 aims to give ordinary Israelis a stronger voice in economic decision-making.

The story in 5 lines · by baba

  • Lobby 99 is a public interest organization fighting Israel's high cost of living and corporate influence.
  • The group advocates for increased market competition and reduced import barriers.
  • Lobby 99 collaborates with politicians from across the Israeli political spectrum.
  • The organization's efforts have led to legislative changes in child savings programs.
  • Lobby 99 is funded exclusively by public donations from its members.

Lobby 99, a public interest organization, is actively working within Israel's Knesset and government to combat the rising cost of living and represent the public's economic interests. The organization argues that while large corporations employ professional lobbyists to influence policy decisions, ordinary citizens lack a similar voice. Lobby 99 aims to bridge this gap by advocating for policies that increase market competition, reduce import barriers, and protect consumer finances.

The group focuses on issues such as food prices, bank fees, and retirement savings, asserting that these are not partisan matters but affect all Israelis. Lobby 99 collaborates with lawmakers across the political spectrum, from the Likud and Shas parties to centrist and left-wing factions, to advance practical solutions. Their efforts have contributed to legislative changes, such as improvements in the "Savings for Every Child" program, which aims to provide children with a financial cushion upon reaching adulthood.

Lobby 99 operates on a funding model entirely dependent on public contributions, with members paying monthly dues. This structure ensures the organization remains accountable to the public rather than to corporate or wealthy donors. Members have a say in the organization's priorities and budget, fostering a collective approach to influencing economic policy and ensuring public resources serve the broader population.

Makor RishonRight · Jerusalem

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