New reforms include salary adjustment for ILA employees, ease registering, constructing on properties; 4% of ILA holdings privatized.

The Israel Land Administration will officially become the Israel Land Authority, as part of extensive reforms announced by Prime Minister Binyamin Netanyahu on Wednesday.

The passing of the authority to government control was made possible after Netanyahu signed a collective agreement at his Jerusalem office on Wednesday, alongside Finance Minister Yuval Steinitz, Construction and Housing Minister Ariel Attias and Histadrut labor federation chairman Ofer Eini.

Under the agreement, which was approved by the authority’s workforce, ILA employees will be given one-off grants of NIS 30,000 – and wages will grow by around 20 percent to a range of between NIS 5,500 and NIS 15,850 per month.

The prime minister said the reforms would bring about a “historic change” that would allow the authority to deal mainly with land sales, and to improve its services through the outsourcing of contracts and leasing. Netanyahu promised that the authority would be more efficient than its predecessor, and that it would bring in additional Read more