Live Update
From the Liveblog of
Sunday, October 15, 2017
Netanyahu confirms renewed efforts to close new public broadcaster
Prime Minister Benjamin Netanyahu confirms reports that he is planning to close the Kan public broadcasting corporation, on the air for less than six months, as a cash-saving measure to limit expected across-the-board budget cuts for 2019.
“In today’s meeting of the coalition heads [Interior Minister Aryeh] Deri proposed looking into closing the corporation in order to find sources for government projects,” Netanyahu says in a statement.
“We are talking about an annual saving of some 500 million shekels,” he adds.
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