Israel's Child-savings Program: A Primer on How It Will Work

Under a plan hammered out between the treasury and ultra-Orthodox parties, every child will have a savings account opened in his or her name at birth. TheMarker explains how it will likely work.

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Israel’s teenagers will be able to look forward to a big chunk of money when they turn 18. Under a plan hammered out between Finance Minister Moshe Kahlon and the ultra-Orthodox parties this week, instead of...