Israel State Budget Triples To $26 Billion
The budget of the State of Israel for the year 2020 will triple its 2019 mark, reaching NIS 87.5 billion ($26 billion.) According to Reuters, the deficit could reach as high as 14.5% of Israel’s gross domestic product. Israel’s Finance Ministry fears that a slow economic recovery will mean an 11.7% deficit in 2021 and […]
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