Live Update
From the Liveblog of
Sunday, May 8, 2016
Netanyahu, Kahlon okay move to biennial budget
Netanyahu and Finance Minister Moshe Kahlon have approved Netanyahu’s bid to implement a biennial national budget, Channel 2’s Amit Segal reports.
עכשיו זה רשמי: יש תקציב דו שנתי. אם יידרשו התאמות בנובמבר 2017 יקבל כחלון הבטחה למשמעת קואליציונית לביצוען
— עמית סגל (@amit_segal) May 8, 2016
The move, which would boost the stability of the government — national budget votes are also treated as no-confidence motions and often threaten to topple the ruling coalition — has not been an easy sell for Netanyahu.
According to Segal, Kahlon has received assurances from Netanyahu that “if there will be need for [budgetary] adjustments in 2017,” coalition members will be forced to vote in favor.
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