Friday, March 29, 2024
News

Israeli cabinet discusses state budget after 3-yr deadlock

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Tel Aviv | Monday, 2021 5:15:06 PM IST
The Israeli cabinet has kicked off discussions on the state budget, after more than three years amid a political deadlock.

"After three years in which Israel has been working without a budget, the most basic tool for running a country, we are now submitting for cabinet approval the 2021-2022 budget," Prime Minister Naftali Bennett said at a weekly cabinet meeting on Sunday.

According to Bennett, the budget includes investments in public transportation, internet infrastructure and technology, and education, reports Xinhua news agency.

"We are reducing bureaucracy and increasing competition, for everyone, but mainly for the weaker sectors," he said.

"This government is free to act on behalf of the general interest," the Israeli leader added.

The budget is expected to be brought for the approval of the Knesset, or Parliament, in the next months.

Passing the new budget in Parliament would be the first test for Bennett's new narrow coalition which has 61 seats in the 120-seat parliament.

During and after the two years of political deadlock and four elections, Israel has used a version of the state budget for 2019, which was approved in March 2018.

--IANS ksk/

( 201 Words)

2021-08-02-11:04:03 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
'Government's attempts to scare and inti...
8 people killed after pickup truck falls...
Berklee Abu Dhabi to host 'Harmony Acros...
Moscow to attack Europe after Ukraine is...
Taiwan detects 2 Chinese military aircra...
US reaffirms support for Philippines sov...
More...
 
INDIA WORLD ASIA
Eknath Shinde's Shiv Sena releases first...
Jailed gangster-turned-politician Mukhta...
Chennai: Three dead after false ceiling ...
'Three parties have allied directly...':...
AAP workers protesting against Kejriwal'...
TMC leader Mohua Moitra skips 3rd ED sum...
More...    
 
 Top Stories
8 people killed after pickup truck ... 
IPL 2024: Rishabh Pant feels 'disap... 
Eknath Shinde's Shiv Sena releases ... 
"Thought we could win series": Craw... 
"There's no one better in India to ... 
Jailed gangster-turned-politician M... 
Chennai: Three dead after false cei... 
I-League: Aizawl blank Churchill, c...