News  Sources

More clarity needed on future defence spending, Israel's central...

Israel's central bank chief is urging the government to enact responsible fiscal policy by reining in non-defence spending to offset any further expansion in the military budget. He suggests establishing a committee to determine Israel's defence needs and formulate a multi-year budget program. The governor also highlights significant challenges facing the economy, including low labour productivity and weak basic skills. Israel's economy grew 2% in 2023, and the governor believes that implementing responsible economic policy will help achieve sustainable growth.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-13256907/More-clarity-needed-future-defence-spending-Israels-central-bank-chief-says.html
Source Id: 8055976053

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox