Stock Groups

Israeli parliament approves 2022 budget -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO : Israel’s Prime minister Naftali Bennett is seated next to Foreign Minister Yair Lacpid, at a weekly Cabinet meeting in the Jerusalem office of the Prime Minister on November 3, 2021. REUTERS/Ronen Zvulun

JERUSALEM, (Reuters) –Israel’s parliament approved a national budget for 2022 on Friday. It was approved by a vote of 59 votes to 56. This gives Prime Minister Naftali Bennett’s coalition government a higher degree of fiscal stability.

Following Thursday’s Knesset vote, the $146 billion spending plan was approved. It came ahead of a due date for approving a 2021 budget. If not met, this could have set off a recall election. [L1N2RV1MO]

Bennett tweeted, “We’ve got Israel back on track,” (NYSE:

Because of the political impasse under Benjamin Netanyahu’s predecessor, no budget was approved for more than three and a half years. Israel’s 2019 budget was pro-rated, which is a major obstacle to economic long-term planning.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]