Interior Minister Moshe Shapiro ordered today stringent economies in municipal services, declaring that there would be no new services nor expansion of existing services. He warned that towns which did not comply would not be permitted to raise their rates to meet cuts in government subsidies to municipalities.
The Israel Government will give preferential treatment, hereafter, only to industries that have a reasonable opportunity of developing large-scale exports, Minister of Commerce Haim Zadok announced. He identified the steps the new Cabinet intends to take to close the trade gap between Israeli imports and Israeli exports.
The principal criteria for future assistance, he said, will be to industrial production based on raw materials that can be profitably exploited; a high degree of know-how; industries that emphasize competition in quality rather than competition in prices; and products not overly protected in foreign countries for which there is a rising demand.
“Only those industries which, after a thorough examination, prove themselves able to stand up against foreign competition, and which have a reasonable opportunity of developing large-scale exports,” he stated, “will be entitled to preferential treatment which the Government intends to channel through every means at its disposal.”
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
