Finance Minister Avigdor Lieberman instructed his heads to work on a one-year budget for 2023 rather than a biennial as originally planned for 2023-2024.
This is due to the political instability of the government and the lack of a majority in the Knesset.
Lieberman intends to pass it in the government as early as next June and then in the Knesset in September.
By law, the budget can pass by March next year.
The transfer of the budget will increase the government's chances of continuing to exist both in 2023 and of the rotation between Bennett and Lapid that is scheduled to take place in August 2023.
The approval of the Knesset budget law in the second and third readings requires a vote on each and every section, and when it comes to a biennial budget it means twice as many votes, and given the fragile situation of the coalition, the chance of passing a biennial tends to zero.
In addition, the negotiations with the offices are much longer when it comes to a budget for two years rather than one year.
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