The Limited Times

Now you can see non-English news...

Barkat at the budget meeting: "I was warned that the economy would collapse. Even if we don't get everything, it's not bad" - Voila! news

2023-02-23T17:08:13.962Z


At the cabinet meeting, the Minister of Economy commented that businessmen had warned: "The budget can be shredded, in any case there will be no money to realize it." According to sources at the meeting, he also consulted with the governor of the Bank of Israel and the chief economist at the Ministry of Finance who claimed that a crisis could erupt at any moment. Smotrich: "You have to be tough with the budget"


On video: Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich at a preparatory discussion for the state budget_13.02.23 (L.A.M.)

Economy Minister Nir Barkat said today (Wednesday) at the government meeting on the budget: "I met with the high-tech people and they are very worried, we support the legal reform, but there are risks. They are ultra-Orthodox."

He added that "when you sit down to negotiate between the parties, you have to understand that there is responsibility at the end, and even if we don't get all our lust in our hands - it's not bad."



According to Yeshiva sources, Barkat asked Chief Economist at the Ministry of Finance Shira Greenberg and Bank of Israel Governor Amri Yaron if the high-tech concerns were justified, and Greenberg replied: "It could snowball. I don't know how much the move will hurt the economy, but there is a significant danger."

According to the sources, Bank of Israel Governor Amir Yaron also warned of a collapse and said that a crisis could erupt in an instant.

"Even if we don't get all our lust - it's not bad."

Barkat (Photo: Reuven Castro)

Finance Minister Bezalel Smotrich said: "This requires us to do two things in our conduct - to bring in a tight budget, and with regard to the reform we take into account that it will develop in negative directions, therefore we have to be tough with the budget. I was not pleased, but we have to take these elements into account and bring A responsible and tight budget. Everyone's statements should be taken into account - for example, not to offend the governor, convey a message of responsibility and not leave room for a sense of chaos."



Barkat also said at the meeting that senior businessmen warned him: "You can shred the budget, you won't have the money to implement it anyway. The Israeli economy is going to crash."

More in Walla!

  • Netanyahu disavows the Likud attack on the Governor: "The independence of the Bank of Israel will not be harmed"

  • The governor: "The intervention of the politicians in the bank's policy will harm the economy"

  • "These are the most valuable and advanced TV packages - at an unprecedented price"

  • news

  • Political-political

Tags

  • Nir Barkat

  • the state budget

  • Bezalel Smotrich

Source: walla

All news articles on 2023-02-23

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.