'Quarantines killing Israel's economy,' manufacturers warn
Lockdowns to stop the spread of coronavirus have propelled Israel into its largest-ever budget deficit: over $30 billion.
Tag: deficit
'Another lockdown will prevent the economy from recovering'
Extended unemployment benefits "incentivize" Israelis to stay out of the workforce, Treasury Director-General Keren Turner-Eyal tells Knesset Finance Committee.
'We saved the Labor party from death'
Official says recently elected party leader Amir Peretz inherited a party that was "wrecked," with a deficit of 8 million ...
Lebanon may need old friends
After years of backsliding, the government is now trying to put the public finances on a more sustainable footing, but ...
Israel's deficit is at least 4.5%, Bank of Israel governor warns
Governor of the Bank of Israel urges government to cut expenditure, raise taxes, and revoke unwarranted tax exemptions.
Major budget cuts underway as deficit soars to NIS 53M
State deficit has reached 3.8% of the gross domestic product, exceeding the government’s deficit goal of NIS 40 million (2.9%). ...
IMF: Israel's credit rating could be at risk if government doesn't decrease deficit
International Monetary Fund forecasts that Israel's deficit will increase to 3.5% of the GDP, or some $13.9 billion, in 2019, ...