​The key to our economic future depends on growth. We will achieve this growth by opening export markets and by extracting the gas from the sea. This will give us many years of growth and will expand the economy, for the welfare of Israel’s citizens.

Cabinet communique


Copyright: Reuters

​(Communicated by the Prime Minister’s Media Advisor)
At the weekly Cabinet meeting today (Sunday, 3 April 2016):
1. Prime Minister Benjamin Netanyahu made the following remarks:
"A short while ago I received the annual report from the Governor of the Bank of Israel. The economy is at full employment; unemployment is at what they call ‘an historic low.’ This is good news. As a result of this, real wages have risen considerably and will rise in other sectors as well. Several days ago, the salaries of police officers rose by between 30-50% of the base salary, and wages have risen for Israeli citizens as a whole, and this is important. We also see a moderate decline in inequality. We still have much work to do here, but overall this is good news.
The key to the future depends on growth. It must be understood that everything that we want to achieve vis-à-vis budgets, services and improving infrastructures, everything that is important for a citizen, requires growth.
Last week we did something very big for growth. We began talks on a free trade agreement with China. This has been a goal for the State of Israel for many years. It has the potential for very significant growth in exports. At the same time, we are talking with Japan about a most favored nation trade agreement with the State of Israel. I and the entire government are working to open Asian markets for the Israeli economy. This is a significant – I would even say historic – change.
And indeed, while such growth will be by opening export markets, it also depends on extracting the gas from the sea. This will give us many years of growth and will bring many billions into the Israeli economy, for the welfare of Israel’s citizens. We will not give up on the matter.
One of the reasons why the Israeli economy is not making full use of its potential is because there are excessive standards, bureaucracy and regulation. This excess is passed on to the consumer in the form of higher prices for services and, of course, we are dealing this today. We will make a series of decisions today that will greatly simplify the establishment of standards in the State of Israel and will also allow the elected government to govern. We were elected in order to bring results to the citizen. We need the best tools to do this. In the end, we are tested by results, not by bureaucracy."
2. The Cabinet decided to approve the following Foreign Service appointments:
David Guvrin – Ambassador to Egypt;

Guy Feldman – Ambassador to Nigeria; and

Boaz Rudkin – Non-resident Ambassador to Bosnia and Herzegovina.
3. The Cabinet discussed the issue of streamlining regulation and the setting of official standards.
4. The Cabinet began a discussion of increasing the ability to implement government policy via changes in personnel management in the civil service and agreed to continue the discussion at its next meeting.