Friday May 9, 2025
HE
NEWSLETTER
www.israelhayom.com
  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
Home Economy

Could budget crisis lead to early election?

The ongoing lockdown and the continued coronavirus crisis has complicated the drafting of a new budget bill, and it is unclear how the Ministry of Finance could realistically meet the Dec. 23 deadline.

by  Yehuda Shlezinger , Ariel Kahana and Danielle Roth-Avneri
Published on  10-08-2020 10:19
Last modified: 10-08-2020 10:20
A guide to the perplexed: What happens if Netanyahu fails to form a government?Reuters/Heidi Levine

A general view shows the plenum during the swearing-in ceremony of the 20th Knesset | Photo: Reuters/Heidi Levine

Share on FacebookShare on Twitter

The approaching deadline of Dec. 23 for passing a state budget could create more instability for the fragile unity government between Blue and White and Likud in light of the ambiguous language of the law.

  Follow Israel Hayom on Facebook and Twitter

The ongoing lockdown and the continued coronavirus crisis has complicated the drafting of a new budget bill, and it is unclear how the Ministry of Finance could realistically meet the deadline. Failure to pass a budget on time would automatically trigger an early election.

The government and the Knesset can theoretically approve the 2020 budget by that deadline and defer any decision on the 2021 budget until late March, but Blue and White have long insisted that both be approved simultaneously as this would cement the rotating premiership between Prime Minister Benjamin Netanyahu and Blue and White leader, Defense Minister Benny Gantz.

"This was one of the key provisions of the deal to create this government, and we cannot drag our feet," one Blue and White official told Israel Hayom.

Likud shot back, saying that "the prime minister has successfully passed more budgets than any other world leader; he is not overly concerned over Blue and White's shameful effort to help themselves in the polls."

Subscribe to Israel Hayom's daily newsletter and never miss our top stories!

Tags: Blue and WhiteEconomyIsraelLikud

Related Posts

Bill Gates to donate 99% of wealthReuters/Ajeng Dinar Ulfiana

Bill Gates to donate 99% of wealth

by Neta Bar

The donation ranks among the largest philanthropic gifts ever – surpassing the historic contributions of industrialists like John D. Rockefeller...

Trump's tariffs bring fizzle to soda warsReuters / Mario Anzuoni

Trump's tariffs bring fizzle to soda wars

by Erez Linn

Both Coke and Pepsi face challenges from a 25% US tariff on aluminum imports introduced in March, which could raise...

What's going on with the world's most precious metal?Reuters

What's going on with the world's most precious metal?

by Nitzan Cohen

Gold futures rose by more than 1%, completing a 21% rally since the start of the year. Analysts say investors...

Menu

Analysis 

Archaeology

Blogpost

Business & Finance

Culture

Exclusive

Explainer

Environment

 

Features

Health

In Brief

Jewish World

Judea and Samaria

Lifestyle

Cyber & Internet

Sports

 

Diplomacy 

Iran & The Gulf

Gaza Strip

Politics

Shopping

Terms of use

Privacy Policy

Submissions

Contact Us

About Us

The first issue of Israel Hayom appeared on July 30, 2007. Israel Hayom was founded on the belief that the Israeli public deserves better, more balanced and more accurate journalism. Journalism that speaks, not shouts. Journalism of a different kind. And free of charge.

All rights reserved to Israel Hayom

Hosted by sPD.co.il

  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il

Newsletter

[contact-form-7 id=”508379″ html_id=”isrh_form_Newsletter_en” title=”newsletter_subscribe”]

  • Home
  • News
    • Gaza War
    • US Election Coverage
    • Middle East
    • Cyber & Internet
    • Business & Finance
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il