Over 35,000 Israeli kids face poverty as allowances cut takes effect
Families are set to lose up to thousands of shekels a year in allowances; Israel has the highest poverty rate in the OECD as well as the highest child poverty rate.
The cuts in child allowances approved as part of the 2013-14 budget will take effect Tuesday. Consequently, allowances for all children born from June 2003 onward will fall to NIS 140 a month, down from NIS 175-263 (the old rate depended on how many children a family had). This means a family with two children under 10 will lose NIS 1,900 a year.
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