Finance Minister Yair Lapid on March twenty -fifth held an emergency meeting with the head of the Israeli Bank Professor Stanley Fisher. In addition, a meeting of the Ministry of Finance was held. Based on the results of the meetings and meetings, the Minister of Finance expressed the serious concern of the situation in the country’s economy. Concern was also expressed in that the activity of the ultra -religious and Arab sector is very low on the labor market.
Earlier it was reported that the Minister of Finance and the Prime Minister have reached an agreement on the need to reduce government departments by sixteen million shekels. The Minister of Finance himself noted that so far it has not yet been decided which costs of expenses will have to be cut. Now active work has begun on the draft budget, which immediately after the completion of its creation will be submitted to the court. Most likely, the budgets of the Ministry of Defense, the Ministry of Council and the Ministry of Transport will be reduced.
In his Blog on March twenty -third, the Minister of Finance noted that he does not exclude some deterioration in the well -being of ordinary citizens, which will be temporary. He claims that only decisive actions in the present will soon allow a serious improvement in the situation in the economy and progress in ensuring the well -being of people.
Some sources call expenses that can become “victims” of government savings. They suspect that the Ministry of Social Support will be forced to reduce benefits for large families. The Ministry of Transport will have to revise plans for the development of infrastructure and abandon the construction of several planned facilities. But the most significant reduction in financing is most likely awaited by the Ministry of Defense. Already this year, the defense budget will “lose” by one and a half billion shekels. In just a year and a half, the military will not receive about five billion shekels. By the way, the head of Moshe (gods), Yaalon, has already made a statement that the reduction of military expenses for new developments and research is unacceptable.
It is these articles of the military budget that are going to significantly reduce non -naniahu and lapid. It is planned that the budget of military exercises will also be cut, as well as a revision awaits social payments to the military. Although, some correspondents consider the reduction of these expenses unlikely.
