Prime Minister Netanyahu and Finance Minister Yisrael Katz decided to present a one-time grant to all Israeli citizens in an attempt to activate the Israeli economy by creating more buying power. The grants will be allocated according to the size of families, with families with one child receiving 2000 NIS, families with two children receiving 2,500 NIS and families with three children receiving 3000 NIS (about 900$). Single persons above the age of 18 will receive 750 NIS each. The estimated cost of the grants will be 6 billion NIS.
