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.

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.