Live Update 
From the Liveblog of
Monday, March 12, 2018
From the Liveblog of
Monday, March 12, 2018
Knesset Finance Committee approves 2019 budget
Add ToI as a Preferred Source on GoogleThe Knesset Finance Committee approves the 2019 state budget, clearing the way for the second and third plenum readings it must undergo before becoming law.
The proposed budget for next year stands at NIS 479.6 billion ($139.2 billion).
“We approved a good budget and now the work moves to the Knesset plenum,” committee chairman Moshe Gafni (United Torah Judaism) says.
Gafni’s UTJ party had vowed to hold up the budget unless legislation exempting ultra-Orthodox students from military service was passed first. The Ministerial Committee for Legislation approved the bill earlier today, setting it up for its first Knesset reading.
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