Israel To Approve 3 Step Plan Towards Becoming World’s First Cashless Society
A special committee headed by Prime Minister Benjamin Netanyahu’s chief of staff, Harel Locker, has recommended a three-phase plan to all but do away with cash transactions in Israel. Every year, amounts totally nearly 20% of the national budget of Israel is lost due to tax evasion and money laundering, and they want to reclaim as much of that as they can.
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