Live Update
From the Liveblog of
Wednesday, July 15, 2020
Netanyahu: World economy uncertain, we must take action
Netanyahu says he isn’t ignoring the country’s financial deficit. But he says the huge amount of uncertainty about the future requires the government to take immediate action.
“We don’t know what will happen to the global economy,” he says.
As of June 30, Israel’s deficit stands at 6.4% of GDP, or $16.9 billion, according to the Finance Ministry.
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