Israel's fiscal deficit widens to 7.2%
| Published date | 09 June 2024 |
| Author | Oren Dori |
| Publication title | Globes (Rishon LeZion, Israel) |
The fiscal deficit target for the end of 2024 as fixed by law in the budget is 6.6% and many sources estimate that it will be difficult for the government to meet this target
In May itself, the deficit stood at NIS 10 billion. However, excluding tax payments that were postponed due to Passover, the deficit was higher and is estimated at NIS 14.8 billion, compared with a deficit of NIS 4.5 billion in May 2023.
Since the beginning of the year, a cumulative fiscal deficit of about NIS 47.6 billion has been...
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