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Organized crime costs Israel's economy around NIS 8,000 per household, data shows
IL🏛️ Politics3 hr. ago

Organized crime costs Israel's economy around NIS 8,000 per household, data shows

A new study by Hashomer Hachadash and the Rifman Institute for Negev Development reveals that organized crime in Israel costs the economy approximately NIS 23 billion annually, equating to around NIS 8,000 per household. The research, based on data from the Finance Ministry, Tax Authority, and State Comptroller, attributes the rise in cost of living not to energy costs or global supply chains, but to criminal activities in sectors like agriculture, construction, housing, and vehicles. Examples include protection rackets increasing construction costs, higher rents, inflated food prices due to farmer extortion, and increased car insurance premiums. The report frames the issue as a 'national crisis,' with leaders calling for stronger governance, law enforcement, and regulatory reforms to address the problem.

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The Jerusalem Post logoThe Jerusalem PostIndependentCenter3 hr. ago
Organized crime costs Israel's economy around NIS 8,000 per household, data shows

A new study by Hashomer Hachadash and the Rifman Institute for Negev Development reveals that organized crime in Israel costs the economy approximately NIS 23 billion annually, equating to around NIS 8,000 per household. The research, based on data from the Finance Ministry, Tax Authority, and State Comptroller, attributes the rise in cost of living not to energy costs or global supply chains, but to criminal activities in sectors like agriculture, construction, housing, and vehicles. Examples include protection rackets increasing construction costs, higher rents, inflated food prices due to farmer extortion, and increased car insurance premiums. The report frames the issue as a 'national crisis,' with leaders calling for stronger governance, law enforcement, and regulatory reforms to address the problem.

Bias read (Center): While the article presents a serious issue with clear implications for public policy, it does not exhibit overt ideological slant. It cites multiple stakeholders including government agencies and private sector representatives, and emphasizes both the economic impact and the need for systemic reform

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