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Former Smotrich Aide Slams Israel's 'Monopoly-Run' Economy
Former Finance Ministry Director General Shmuel Slavine resigned from his cost-of-living role, criticizing Prime Minister Netanyahu's failure to address the issue. Slavine stated Israel's economy is run by monopolies, not a free market, and that politicians lack the power to enact change.
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What happened
- 01Former Finance Ministry official Shmuel Slavine resigned, citing failure to address Israel's high cost of living.
- 02Slavine stated Israel's economy is run by monopolies, not a free market, lacking political will for reform.
- 03He criticized Prime Minister Netanyahu for failing to fulfill election promises on the cost of living.
- 04Despite strong economic growth, Slavine identified the high cost of living as a major national failure.
- 05Slavine credited Economy Minister Nir Barkat for pushing trade liberalization initiatives.
He noted Israel's strong economic growth but a significant failure in managing the high cost of living.
The coverage
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