Finance Minister Avigdor Liberman says that his budget proposal does not include raising taxes.
The budget plan does include a raise in the municipal property tax of 1.5% every year for the next 10 years. But Liberman says that does not constitute a tax rise since the money does not go into national government coffers.
In a press conference, Liberman says the goal of the new budget, which must be passed by the government by November, is to “bring the deficit back under control.”
He also pledges to work to lower the prices of fruits and vegetables in supermarkets, which have risen sharply in recent months.