Archive: 8/1/2012
Daily Israel Report
13:03
Reported

News Brief

  8/1/2012, Av 13, 5772

Fischer: The Cuts Won’t be Enough


Bank of Israel head Professor Stanley Fischer warned Wednesday that planned budget cuts approved by the government will not be sufficient to cover the deficit. 
Fischer told the Knesset’s Finance Committee that the government may need to make additional cuts.