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News Briefs

  Iyar 12, 5773 , 22/04/13

Lapid: Cut NIS 18 Billion; Raise Taxes for 5 Billion

Finance Minister Yair Lapid presented Prime Minister Binyamin Netanyahu with an outline of 18 billion shekels in cuts to the 2013-2014 budget on Monday.

During a meeting attended by Governor Stanley Fischer of the Bank of Israel, Lapid presented a progam of tax increases to raise five billion shekels.

Other archived news briefs:Apr 22 2013, 02:28 PM, 4/22/2013