The cabinet is scheduled to vote on Sunday on a proposal by Finance Minister Yuval Steinitz to reduce the salaries of government ministers, including the prime minister, by five percent until the end of 2010. The proposal is expected to pass and move on to the Knesset.
The treasurer's proposal is based on the global financial crisis, which has resulted in a reduction of tax revenues for the state. He said that a reduction in salary is one way to demonstrate places where the government can cut down expenditures.