Isranomics

Isranomics Staff

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Israel faces mounting budget deficit amidst economic challenges

Israel faces mounting budget deficit amidst economic challenges

Israel is grappling with a growing budget deficit, reaching approximately 3.4% of the Gross Domestic Product (GDP) in the last 12 months ending in November. The deficit stands at about NIS 62.3 billion, with NIS 34 billion attributed to expenses incurred during the...

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