Budget deficit could pass 10% at years end, opposition MKs warn
The result is that ahead of the 2025 budget, the state will either need to reduce its spending, which could affect its ability to provide services; or raise taxes.
Head of the Finance committee MK Moshe Gafni leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, on December 25, 2023.(photo credit: YONATAN SINDEL/FLASH90)ByELIAV BREUERUpdated: