With domestic and international attention focused on Israel’s war in Gaza and escalating tensions with Hezbollah, Prime Minister Benjamin Netanyahu’s administration has stalled discussions on next year’s budget — set to be the most challenging and crucial in decades.
Netanyahu and Finance Minister Bezalel Smotrichinsist there will be a fiscal framework in place for 2025 but haven’t explained delays in its formulation, leaving markets and investors guessing on how it will be put together at a time that the conflict is causing the budget deficit and debt issuance to soar.
Budgeting is usually well underway by this time of year.Top central bank and finance ministry technocrats have joined credit-rating agencies and business leaders in warning that a hiatus will cloud Israel’s economic prospects and elevate the already-high risk premium on its assets. Continue here.
If you do need a website or your business needs a website, we’re here to bring your dreams to live. Contact us
Kindly reach out on WhatsApp directly and let’s make this decision your most important and best investment post 3 years.
Disclaimer: Full credit to the writer, and the associates.
