Next Israel government must halt rise in debt burden, central bank chief says
JERUSALEM, July 15 (Reuters) - Whoever wins the election in Israel later this year must rein in defence-led state spending that has grown in recent years and invest more in education, infrastructure and other growth engines, Bank of Israel Governor Amir Yaron said on Wednesday. Israel is slated to hold a general election on October 27.
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JERUSALEM, July 15 (Reuters) - Whoever wins the election in Israel later this year must rein in defence-led state spending that has grown in recent years and invest more in education, infrastructure and other growth engines, Bank of Israel Governor Amir Yaron said on Wednesday. Israel is slated to hold a general election on October 27. Polls show Prime Minister Benjamin Netanyahu’s current ruling coalition losing. Speaking at a Calcalist newspaper conference, Yaron said fiscal policy was the main challenge, especially since the defence budget has swelled to as much as 8% of gross domestic product — double that of before the Hamas attacks on Israel on October 7, 2023 that triggered the Gaza war.
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- JERUSALEM, July 15 (Reuters) - Whoever wins the election in Israel later this year must rein in defence-led state spending that has grown in recent years and invest more in education, infrastructure and other growth engines, Bank of Israel Governor Amir Yaron said on Wednesday. Israel is slated to hold a general election on October 27.
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Next Israel government must halt rise in debt burden, central bank chief says
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