Israel Rolls Out NIS 1.6B High-Tech and Export Aid Plan
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Finance Minister Bezalel Smotrich and the Israel Innovation Authority announced a NIS 1.6 billion package Tuesday to help high-tech companies and exporters absorb the rapid shekel surge. The plan includes grants, guarantees, R&D support and tools for firms whose dollar revenues were hit while local costs stayed in shekels. Israeli coverage says the package is meant to preserve competitiveness and jobs in a sector that anchors growth, tax revenue and wartime resilience. Backing innovators and exporters now keeps Israel's strategic economy strong while markets adjust after the campaign against Iran.