Bank Of Israel: Draft Bill 'Fundamentally Flawed', Harms Economy And Doesn't Incentify Charedi Draft

Haredi enlistment would ease army and economic strain, Bank of Israel says

Expanding enlistment by 7,500 Haredim annually—adding around 20,000 over time—could cut the economic burden of reservists by NIS 9–14 billion ($2.8-$4.3 billion) a year. By Pesach Benson, TPS Increasing Orthodox Jewish (Haredi) enlistment in the Israel Defense Forces could save the economy billions of shekels, the Bank of Israel said on Thursday. A month of reservist service costs about NIS 38,000 ($11,700), while conscripting young Haredim is f…

Bank of Israel sees no benefit in conscription bill

The Bank of Israel says that the Knesset bill is deficient because the targets set are low and the economic incentives and sanctions are ineffective.

Bank Of Israel: Draft Bill 'Fundamentally Flawed', Harms Economy And Doesn't Incentify Charedi Draft

JERUSALEM (VINnews) — In an unusually extensive and sharply worded document, the Bank of Israel today published a comprehensive economic analysis of the proposed draft law currently under discussion in the Foreign Affairs and Defense Committee. The Bank concludes that the proposal is “fundamentally flawed,” does not provide the IDF with the manpower it needs, […]

Haredi IDF enlistment could save Israeli economy up to NIS 14 billion annually

A month of reservist service costs about NIS 38,000 ($11,700), while conscripting young Haredim is far cheaper and may even encourage them to join the workforce.

Bank of Israel warns draft law will not ease IDF reserve burden as penalties lack tee

New analysis says expanding the IDF draft of Haredi men could save the economy up to $4.3 billion a year, but the current bill falls short with weak recruitment targets and penalties that have little impact on Haredi society