Pod Save America Hosts Call on Democrats to Cut All Israel Military Aid, No Longer Accept AIPAC Funding
Jews, Israelis Targeted in Austria Amid Surge in Antisemitic Incidents; Local Jewish Community Calls for Action
‘All of Our Strength’: Over 1,000 Pro-Israel Activists Gather in DC for Solidarity Conference
‘Devastated’: Wesley LePatner, Killed in Manhattan Mass Shooting, Was a Jewish Communal, Philanthropic Leader
Sen. Angus King Vows to No Longer Vote for Israel Military Aid Until Gaza Conditions Improve
Europe Won’t Pressure Israel to ‘Commit Suicide’ Amid Gaza Backlash, Palestinian State Push, Says Israeli FM
Israel’s National Soccer Coach Attacked in Athens Before Soccer Fans Chant ‘F–K Israel, Free Palestine’ at Match
New York Judge Sentences Neo-Nazi to 5 Years for Livestreaming Bomb Threats Against Jewish Hospitals
US Pressures Lebanon to Issue Cabinet Decision to Disarm Hezbollah Before Talks Continue
UK Plans to Recognize Palestinian State in September Unless Israel Meets Conditions, Starmer Says
Finance Minister: Israel Met 2.9 percent/GDP 2018 Budget Deficit Target
×
Error: Contact form not found.
by Reuters and Algemeiner Staff
Israeli Finance Minister Moshe Kahlon. Photo: Reuters / Ronen Zvulun.
Israel met its budget deficit target of 2.9 percent of gross domestic product for 2018, Finance Minister Moshe Kahlon said on Sunday.
Kahlon has said consistently the government would not break the budget, despite data in recent months showing the deficit could breach the 2.9 percent target in 2018.
“The Finance Ministry met the target,” he said in a speech.
The government has set the same deficit target for 2019.
Data in October showed the deficit over the prior 12 months jumping to 3.6 percent of GDP, raising concerns of a loosening of fiscal policy.
Official data on the budget deficit is slated to be published later this month.
