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Home Economy

Netanyahu: Economic reopening less than 2 months away

Speaking to reporters in Tel Aviv, PM says all eligible Israelis, 16 years of age and up, were expected to have been inoculated by the end of March, allowing a full reopening of the economy by April.

by  Reuters and ILH Staff
Published on  02-24-2021 22:25
Last modified: 02-24-2021 22:25
Netanyahu: Economic reopening less than 2 months awayYehoshua Yosef

An Israeli restaurant closed to the public due to the coronavirus pandemic | Photo: Yehoshua Yosef

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Israel aims to reopen its economy by April 5 after having vaccinated all its eligible population and is in talks with vaccine makers Pfizer and Moderna to open facilities in the country, Prime Minister Benjamin Netanyahu said on Wednesday.

Israel has been importing Pfizer-BioNTech PFE.N, BNTX.O and Moderna Inc MRNA.O vaccines. It has administered at least one Pfizer dose to almost 50% of its 9 million population so far in one of the world's swiftest campaigns.

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On Sunday, Israel reopened many businesses, including street shops and malls though with some leisure facilities being open only to people immunized by the vaccine or by having recovered from COVID-19.

Many school children have returned to class but middle-school pupils are still home-learning, while restaurants are allowed to provide take-out and deliveries only.

Speaking to reporters in Tel Aviv, Netanyahu said all eligible Israelis, 16 years of age and up, were expected to have been inoculated by the end of March, allowing a full reopening of the economy by April.

Seeking re-election in a March 23 ballot, Netanyahu also said he was in talks with the heads of Pfizer and Moderna. "We are going to establish two factories here that will make Israel part of the global vaccine supply chain," he said.

Netanyahu said one would manufacture vials for Moderna and the other would be a research and development center for Pfizer. Both companies did not respond to Reuters requests for comment.

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Tags: Benjamin NetanyahuIsraelPandemic

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