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      Free Daily Israel Report
      Archive: 1/13/2013
      14:23
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      News Brief

        1/13/2013, Shevat 2, 5773

      Deficit Twice its Target Size


      The deficit for 2012 was twice the government’s target size, sources in the Treasury said Sunday. The gap between spending and income was 39 billion shekels.

      The main reason for the gap was a smaller than expected income from taxes, they said.