“Faulty” industrial management in Israel, and not high wages and salaries, is to blame for Israel’s export difficulties, Minister of Commerce and Industry Zev Sherf declared today.
Pointing out that, despite difficulties, last week’s exports had risen by 18.5 percent, as compared with the previous week, Mr. Sherf said that dismissal of workers could be only a first step toward improvement of the export situation. “The main thing,” he said, “is for management to improve its own efficiency and planning,” Despite what he called “management’s lack of efficiency,” he expressed optimism for Israel’s success in increasing its exports.
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