Israel’s Cabinet Approves Two-Year Draft Budget Aimed at Boosting Economic Growth
×
[contact-form-7 404 "Not Found"]
by News Editor
Israel’s cabinet on Friday unanimously approved a draft budget for both 2017 and 2018 aimed at boosting economic growth but which the central bank has said is too expansionary.
The two-year budget includes safeguards that will allow the 2018 budget to be reassessed next year if initial economic and fiscal forecasts are missed, with a provision for spending cuts if necessary to reach the deficit target.
Read full story at Reuters.