Finance Minister Avigdor Liberman tells the Yisrael Beytenu faction meeting that the estimated cost for the upcoming expected elections will be NIS 2.4 billion (approximately $700 million).
“The cost of the election is NIS 2.4 billion. I hope that whoever is responsible for this unnecessary expense will pay for it in the election,” Liberman says.
Last week the Israel Democracy Institute said it estimated the elections would cost NIS 2.54 billion ($733 million) to NIS 2.9 billion ($837 million).
Election day alone, which is a paid day off to enable citizens to vote, will cost NIS 1.5 billion, according to figures from the Macro Center for Political Economics think tank.