Head administrator Benjamin Netanyahu said on Sunday his legislature would set up a 4 billion shekel ($1.2 billion) store to help Israeli organizations affected by the worldwide coronavirus episode.
Netanyahu said Finance Minister Moshe Kahlon had drawn up plans for the reserve and would introduce them at Sunday's bureau meeting. No further subtleties were quickly accessible.
Likewise on Sunday, El Al Israel Airlines (TA:ELAL) said it expects a much greater decrease in income for the beginning of the year than recently suspected due to the coronavirus. The aircraft has mentioned government help.
Israel's national bank said a week ago the coronavirus episode has not majorly affected the economy, however on the off chance that conditions intensify altogether, it is set up to utilize financial arrangements likewise.
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