Full coverage· Economy· Updated
Ultra-Orthodox Council Launches Consumer Card for 100,000 Families to Combat Cost of Living
The Council of Yeshivas, supported by senior rabbis, is launching a prepaid consumer card for 100,000 ultra-Orthodox families to leverage collective purchasing power and secure discounts at major retailers, aiming to ease financial pressures amid recent economic sanctions.
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What happened
- 01Council of Yeshivas to launch prepaid consumer card for 100,000 ultra-Orthodox families.
- 02Card named 'Malchei Rabbanan' offers discounts and prize draw opportunities at major retailers.
- 03Initiative responds to recent economic sanctions on the ultra-Orthodox sector.
- 04Plan includes continuous price monitoring to pressure retailers on cost increases.
- 05Negotiations with leading food and retail chains are nearing completion.
- 06Effort aims to create an independent economic safety net for yeshiva families.
The initiative includes a price monitoring system and ongoing negotiations with retail chains, marking a strategic move to establish an independent economic safety net for the community.
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