Finance C'tee approves biennial budget for 2013-14

By JPOST.COM STAFF
May 1, 2013 13:01

The Knesset Finance Committee confirmed Wednesday that it would annul the two-year budget following the upcoming biennial budget for the years 2013-2014.

Beginning in 2015 the state will present a one-year budget.

"There is no real control over spending, and there is no real option to refund the state revenue from the past two years," Finance Minister Yair Lapid said during his first appearance in front of the committee,  explaining his reasoning for shelving the budget plan.


Related Content

Breaking news
April 22, 2018
As U.S., N.Korea plan to meet, Iran warns against Trump deals

By REUTERS

Israel Weather
  • 12 - 22
    Beer Sheva
    15 - 20
    Tel Aviv - Yafo
  • 11 - 19
    Jerusalem
    15 - 20
    Haifa
  • 17 - 29
    Elat
    14 - 27
    Tiberias