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Israeli government approves 2023-24 state budget

The economy is “strong and steadfast,” assures the prime minister.

The Israeli government approved a 2023-24 budget on Feb. 24, 2023. Credit: Courtesy.
The Israeli government approved a 2023-24 budget on Feb. 24, 2023. Credit: Courtesy.

The Israeli government approved on Friday a budget for the next calendar year.

“I would like to thank the ministers and everyone who helped in the effort, the legal teams and the ministerial teams, but above and beyond, the finance minister,” stated Israeli Prime Minister Benjamin Netanyahu.

“I had that job; it is not an easy job,” he said. “You stood up in order to prevent a breach, and this is important.”

The budget, according to reports, will be about NIS 484 billion in 2023 and NIS 513 billion in 2024. On Thursday, the government agreed on a multi-year defense budget.

The prime minister assured that the Israeli economy is “strong and steadfast,” and even stronger with “across-the-board support of the ministers today.” He added that the budget was approved “against the backdrop of the best macroeconomic data that I can remember in all my years on the job.”

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