The NIS will be restructured from the board level to revamp its operations i.e relaxed regulation to allow the fund to invest in riskier financial options in order to increase financial rewards. Increased payment of NIS contributions are likely and a legal restriction on buying government paper similar to the restrictions the central bank has on printing money.
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Lord have mercy, Hallelujah!!
Now we no longer have to rail against the “misallocation” of its resources by the GOB and private sector.
We have a new hobby horse to deflect criticism from the relaxed regulations and riskier investments!!
BTW, having destroyed numerous business and increased unemployment, how exactly can the statement “Increased payment of NIS contributions are likely” be reconciled?