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For security, the disabled and the Flashmob members: The government has approved an additional NIS 11 billion in the budget
The ministers approved the transfer of budgets to a number of areas, including NIS 3 billion for security, NIS 900 million for assistance to the disabled and NIS 180 million for raising 200,000 members of the Flashmob.
In addition, budgets will be allocated for the development of localities in Judea and Samaria, for state-religious education and yeshivas, for Druze and Ethiopian communities and for education programs.
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State budget
Government meeting
government
Bnei Gantz
Israel Katz
Benjamin Netanyahu
Lightning Ravid
Thursday, 10 September 2020, 03:27
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Tonight (Thursday), the government approved additions of NIS 11 million to the state budget.
Among other things, NIS 3 billion will be transferred to the defense budget, NIS 900 million to disability benefits and NIS 180 million for raising the Flashmob members from Ethiopia.
In addition, additional budgets will be transferred for the development and strengthening of localities in Judea and Samaria, for state-religious education and yeshivas, for Druze, Ethiopian and Circassian communities, and for educational programs.
Concurrent with the decision on budget additions, Treasury officials presented the numerator - the government’s revenue and expenditure forecast for the next three years - which indicates that the government will have to raise taxes and cut spending during 2023-2021.
The forecast shows that the government will be required to cut NIS 50 billion.
Yesterday, the chief economist at the Ministry of Finance, Shira Greenberg, presented an overview of the update of the budget frameworks, in which the deficit is expected to be 13.4% of GDP at the end of the year, with today the deficit standing at a record 8.1%.
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Netanyahu and Gantz at a cabinet meeting (Photo: Mark Israel Salem, Flash 90)
Blue and white chairman Bnei Gantz said during his faction meeting that "tonight the government will approve the end of the cash flow for 2020, in order to allow oxygen to the government ministries to continue operating during these weeks." He thanked Finance Minister Israel Katz, "With the prime minister and with Minister Amir Peretz and all the government ministers,"
he said.
Too long.
It is paralyzing, it harms Israel's financial strength.
It creates uncertainty for the economy. "He stressed that" if in the normal period this is a problematic situation, in the Corona period it is an intolerable situation. "
The blue and white chairman added that" tomorrow morning we must immediately start working on a state budget for 2021. Political - this is a basic matter in the economy and proper management of a country. "
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Ganz explained that the transfer of the state budget: "Will help the self-employed, those who lost their jobs and all the Israelis who have their eyes on the government during this period, and ask us - work for us."
He added that "I appeal to the Prime Minister and the Minister of Finance - this is the time to prove to the citizens of Israel that we are here for them and not for petty politics, the public's trust in us must be restored."
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