BREAKING NEWS

Netanyahu presents new NIS 50 bill: We must not have a deficit that topples us

By JPOST.COM STAFF

SEPTEMBER 10, 2014 12:33

Prime Minister Binyamin Netanyahu and Bank of Israel Governor Karnit Flug presented the new NIS 50 bill at a press conference on Wednesday.

"In order that this bill retain its value, we must maintain security, as well as our economy," Netanyahu said.

Netanyahu praised Flug and the Bank of Israel for their efforts to maintain the stability of Israel's economy.

He said that Israel would have to raise the defense budget in the aftermath of Operation Protective Edge, while preserving the health of Israel's economy.

"These two things meet in a deficit which we can control, that will not topple us. This will be our policy and that is how we shall act, together," Netanyahu said.

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