Israel's Treasury Unveils Unpaid Leave and Grants Plan to Support Businesses and Employees Affected by Operation Against Iran.

Israel's Treasury has unveiled a plan to aid businesses and employees affected by the operation against Iran. The plan includes unpaid leave and grants for businesses with revenue shrinkage. The compensation outline is estimated to cost the state between NIS 3-5 billion. Businesses with annual income between NIS 12,000 and NIS 400 million will be eligible for a grant based on the level of damage to their business.

Israel's Treasury has announced a comprehensive aid plan to support businesses and employees impacted by the recent operation against Iran. The initiative, which is estimated to cost the state between NIS 3-5 billion, includes provisions for unpaid leave and grants for businesses experiencing revenue shrinkage.

The compensation plan, outlined by the Ministry of Finance, targets businesses with annual incomes ranging from NIS 12,000 to NIS 400 million. The grants will be allocated based on the severity of the damage to each business, aiming to provide financial relief during this challenging period.

The plan is part of a broader effort by the Israeli government to mitigate the economic impacts of the military operation. It follows a series of budget transfers made by the Ministry of Finance to finance the campaign against Iran. The Ministry has requested an additional 3 billion NIS and 700 million NIS from the defense budget, highlighting the significant financial strain placed on the state by the operation [1].

The Treasury's aid plan is designed to offer temporary relief to businesses and employees while the government works to stabilize the economy. The compensation will be funded through a combination of budget transfers and potential reallocations from other government ministries. The process of reopening the budget to accommodate these funds is expected to be a lengthy legislative process, involving government sessions and multiple readings in the Knesset [2].

As the financial implications of the operation continue to unfold, investors and financial professionals are closely monitoring the government's response. The Treasury's aid plan is a significant step in addressing the economic fallout, but the full extent of the operation's impact on the Israeli economy remains uncertain.

References:
[1] https://www.axios.com/2025/06/22/trump-israel-iran-strikes-air-defenses
[2] https://investorempires.com/treasury-empties-reserves-to-finance-iran-operation/