APR 29, 2024 JLM 64ยฐF 08:38 PM 01:38 PM EST
Knesset passes updated wartime budget

The revised framework raises the expenditure limit to $160 billion, up $19 billion from that approved before Oct. 7.

(March 13, 2024 / JNS) Israeli lawmakers approved the country’s amended war budget for 2024 on Wednesday afternoon after weeks of delay due to disagreements within the unity government. The budget bill was approved with 62 Knesset members in favor and 55 against.

The revised text, which passed through the Knesset Finance Committee last week, raises the expenditure limit to 584.1 billion shekels ($160 billion)—an addition of 70 billion shekels ($19 billion) to the original budget approved before the Oct. 7 Hamas invasion.

Measures to offset spending include a 0.15% rise in the health tax and an increase in National Insurance Institute premiums. Spending reductions include a 5% across-the-board cut to ministry budgets as well as to some government programs that seek to support the LGBT community, Ethiopian immigrants and Arab society.

Did you find this article interesting?
Comments
Jericho Joe 00:47 14.03.2024
Watch out for the alphabet protesters. They donโ€™t like cuts to their money. I canโ€™t believe the government has money set aside for them. Pitiful indeed.
Aliza Circle 20:54 13.03.2024
I pray to God that the Prime Minister of Israel ๐Ÿ‡ฎ๐Ÿ‡ฑ Mr. Benjamin Netanyahu would still be Israeli 's ๐Ÿ‡ฎ๐Ÿ‡ฑ PM.
Steve Jensen 20:02 13.03.2024
Special for LGBT and Ethiopian communities: Israel is going to be fucked up like the USA, Britain and Australia!
Francis Lammawin 19:56 13.03.2024
The Lord Adonai, Jehovah Jireh provides ๐Ÿ™๐ŸŽŠ๐ŸŽ‰๐ŸŽˆ
To leave a comment, please log in

DISCOVER MORE

"Iron Swords" - War in Gaza Benjamin Netanyahu Hamas The Iran Threat Biden Administration The Leftist-Islamist Alliance Hezbollah Israeli Technology Palestine = Hamas = ISIS Israeli_Nature 10/7 Hamas Massacres Biblical Archaeology Jihadi Infiltration into the West Heroes of Israel Israel - Iran War The Bible Muslim Persecution of Jews