News Briefs

  7/31/2011, Tammuz 29, 5771

PM to Ministers: Show Fiscal Responsibility

Prime Minister Binyamin Netanyahu sent a page of instructions to cabinet members on Sunday, telling them how to act regarding the affordable-housing movement, according to a Sunday-evening report by Channel 2 television. The letter stressed that Netanyahu "will continue to act responsibly, as he has until now," and warns against hasty, populist steps that could lead to massive bankruptcy and unemployment, such as has happened in a number of European countries.

The letter also credits the prime minister with the lowest unemployment figures in the last 30 years. It says that one committee, which has been working for a number of months, plans to present its findings to Netanyahu by the end of the month.