The Israeli Manufacturers Association has presented a $1.25 billion plan to Prime Minister Benjamin Netanyahu aimed at boosting and strengthening the country’s post-war economy and industry, Ynet News reported on Monday.
Two years of war have taken a toll on Israel’s industrial sectors, hurt by international boycott calls and negative media portrayals. However, Dr. Ron Tomer, president of the Manufacturers Association, expressed optimism about the future of Israel’s economy and industry.
“We are confident that this postwar plan will secure Israel’s industrial production and exports for years to come,” Tomer told Ynet. The ambitious plan seeks to double Israeli exports within the next five years and reverse the decline that the Israeli industry has faced since the Hamas-led Oct. 7, 2023, attack.
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