Israel's cabinet approved a plan to reduce the state's budget deficit to less than 3% of GDP by 2028. The deficit is expected to be 5% this year, down from 6.9% in 2024 due to increased defense spending during the Israel-Hamas war.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14791817/Israel-aims-cut-budget-deficit-3-GDP-2026-28.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14791817/Israel-aims-cut-budget-deficit-3-GDP-2026-28.html
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