Haredi enlistment would ease army and economic strain, Bank of Israel says

Wait 5 sec.

Expanding enlistment by 7,500 Haredim annually—adding around 20,000 over time—could cut the economic burden of reservists by NIS 9–14 billion ($2.8-$4.3 billion) a year.By Pesach Benson, TPSIncreasing Orthodox Jewish (Haredi) enlistment in the Israel Defense Forces could save the economy billions of shekels, the Bank of Israel said on Thursday.A month of reservist service costs about NIS 38,000 ($11,700), while conscripting young Haredim is far cheaper and may even encourage them to join the workforce.Expanding enlistment by 7,500 Haredim annually—adding around 20,000 over time—could cut the economic burden of reservists by NIS 9–14 billion ($2.8-$4.3 billion) a year.The report warns that the Security Service Law being considered by the Knesset sets low recruitment targets and weak incentives, meaning it may not meet army needs or reduce costs.The post Haredi enlistment would ease army and economic strain, Bank of Israel says appeared first on World Israel News.