Budget and Economy
Two-Year Budget Not Appropriate for Israel: Letter to Legislators
The day after tomorrow the Cabinet plans to ask the Knesset to approve a bill making the next budget a two-year budget for fiscal years 2011 and 2012. We contend that a two-year budget is not appropriate for Israel. It is even less appropriate at a time like this, when there is still global uncertainty … Continue reading Two-Year Budget Not Appropriate for Israel: Letter to Legislators
Israel: A Social Report – 2008/2009
The Adva Center annual report, Israel: A Social Report – 2008/2008 was published today. Most of its data refers to 2008, the last quarter of which marked a global financial and economic crisis. The report shows that 2008 was characterized by an increase in inequality in salaries, household income, and success rates in matriculation (bagrut) … Continue reading Israel: A Social Report – 2008/2009
Op-ed: A Two-Year Budget is not for Israel
Should Israel institute a two-year national budget, in accordance with the present wishes of its prime minister and minister of finance? Certainly not. Not in the present circumstances. The first reason why not : no country in the world approves a complete national budget, with all the budget lines, for more than one year at … Continue reading Op-ed: A Two-Year Budget is not for Israel