The meeting of the land administration to extend the program “Apartment with a discount” is again postponed

For Monday, March 24, meetings of the Council of Land Administration, the issue of extending the program “Apartment at a discount” was again removed.

The validity of the program expired in 2024 and the Construction Minister of Yitzhak Goldknopf promotes its extension on almost the same conditions until 2027.

The Minister of Finance Bitsalel Smoitsch requires a significant reduction in the volume of the program, a sharp decrease in the size of the maximum discount and restricting the action of the program exclusively peripheral settlements.

The next abolition of the discussion of the issue of Netanyahu indicates that the head of government in this matter prefers to support Smozhich’s position.

The Ministry of Finance has long been opposed to the program, claiming that it leads to a distortion of the market and a significant decrease in state revenues, without giving a real result. According to the Ministry of Finance, the total cost of the program since 2015 amounted to 50 billion shekels.

By Editor

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