Wednesday, August 6, 2008

Treasury allocates funds to train Israeli construction workers

The Ministry of Finance has agreed to allocate NIS 30 million to the Association of Contractors and Builders in Israel(ACBI) and the National Union of Building Workers to train Israeli construction workers and hold training seminars and courses. The government also allocated an additional NIS 10 million.
The allocations came after a long battle waged by the ACBI and the National Union of Building Workers against the Ministry of Finance, which reached the High Court of Justice at one point. The ACBI petitioned the court against the Minister of Industry, Trade and Labor who sought to abolish the vacation fund for construction workers and transfer its accumulated proceeds to the employees' pension and insurance fund.


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