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Israel: Ministry of Finance allocates approx. USD 88.2 million to support the hotels sector

Description

On 16 August 2020, the Israeli Cabinet approved an aid package worth ILS 300 million (approx. USD 88.2 million) allocated by the Ministry of Finance along with the Ministry of Tourism to support hotel...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Aug 2020

Revocation date

31 May 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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