Minister of Finance Benjamin Netanyahu tells Israel Business Conference: We save the funds from collapse.
Minister of Finance Benjamin Netanyahu spoke at the 10th "Globes" Israel Business Conference today. He said, "We saved the pension funds from collapse. People are coming from all over the world to learn how we did it."
Regarding the current situation, Netanyahu said, "The strongest social engine for solving the problem of poverty is the private sector. Nowhere in the world do people emerge from poverty through increased welfare payments."
Published by Globes [online] - www.globes.co.il - on December 5, 2004