Deficit

News for Deficit

Lapid: In Six Months It Will be Better

Lapid: In Six Months It Will be Better

Finance Minister Yair Lapid assures angry Israelis that he is following through on his promises and that the budget cuts are the right move.Elad Benari, Canada, 10/05/2013 22:12
Protesters Outside Lapid's Home Tell Him to Resign

Protesters Outside Lapid's Home Tell Him to Resign

About 100 people demonstrated outside the home of Finance Minister Lapid against the planned budget cuts, calling on him to resign.Elad Benari, 10/05/2013 02:12
Lapid: I Won't Give Away Money I Don't Have

Lapid: I Won't Give Away Money I Don't Have

Finance Minister Yair Lapid attempts to justify the budget cuts. "The rich are getting hit too."Elad Benari, 09/05/2013 03:14
Lapid Agrees to Raise Deficit to 4.65%

Lapid Agrees to Raise Deficit to 4.65%

Finance Minister Yair Lapid agrees to increase the deficit target to 4.65% for 2013, after originally planning to increase it to 4.9%.Elad Benari, Canada, 03/05/2013 20:58
S&P Downgrades Israel's Local Currency Rating

S&P Downgrades Israel's Local Currency Rating

S&P lowers Israel’s long- and short-term local currency sovereign credit ratings to 'A+/A-1'. Lapid unfazed.Elad Benari, 03/05/2013 05:15
Lapid Seeks Unprecedented Deficit

Lapid Seeks Unprecedented Deficit

Lapid wants to increase deficit goal to 50 billion. Sources close to PM say he’s working alone.Maayana Miskin, 03/05/2013 02:45
Lapid Promises to Fight for the Working Man

Lapid Promises to Fight for the Working Man

Finance Minister Yair Lapid says that he intends to fight for the working man who "just pays the bills".Elad Benari, 24/04/2013 03:14
Stanley Fischer Backs Lapid on Deficit Goal

Stanley Fischer Backs Lapid on Deficit Goal

Bank of Israel head comes to agreement with Lapid, backs 3% deficit target., 23/04/2013 18:49
Yishai: Lapid is Right – We Took the Money

Yishai: Lapid is Right – We Took the Money

Shas head’s sarcastic comeback to Lapid, ‘I confess – we took the money.’Maayana Miskin, 23/04/2013 01:46
Budget: Raise the VAT, Cut Civil Servants' Pay

Budget: Raise the VAT, Cut Civil Servants' Pay

The Treasury plans to raise the VAT and cut the wages of civil servants in order to reduce Israel’s deficit.Elad Benari, 11/04/2013 04:44
Lapid: It's Worse than I Thought

Lapid: It's Worse than I Thought

Israel’s new Finance Minister admits he will have to implement tough economic cuts in order to repair Israel’s economy., 24/03/2013 05:14
White House: Republican Budget 'Doesn't Add Up'

White House: Republican Budget 'Doesn't Add Up'

The White House warned that a new Republican budget plan would hike taxes on the middle class or fail to cut the deficit , 12/03/2013 18:49
Livni, Lapid Slam PM Over Budget 'Double Deficit'

Livni, Lapid Slam PM Over Budget 'Double Deficit'

According to figures assembled by the Accountant General's Office, Israel's budget deficit was double than what had been expectedDavid Lev, 13/01/2013 18:40