Bank of Israel- No need to import hi-tech workers

The Bank of Israel said yesterday it objects to bringing engineers and software technicians from India to Israel in attempt to fill the shortage in skilled workers in the hi-tech industry. In a report on foreign workers, the central bank recommended levying special taxes on employers of foreign labourers, saying that the local job market will benefit from lower dependence on overseas workers.

According to the figures provided by the Central Bureau of Statistics (CBS), some 211,000 foreign are