The State Comptroller’s Office announced on Monday that it would conduct an examination into the two-year budget process and present its findings to the Finance Ministry and other appropriate bodies in the lead-up to the 2013 budget.

The examination comes in response to an inquiry from Labor MK Erel Margalit into the effects of passing a twoyear budget on the deficit.

On February 9, Margalit sent letters to Prime Minister Binyamin Netanyahu, Finance Minister Yuval Steinitz and State Comptroller Joseph Shapira demanding that they scrap any plans to prepare a two-year budget.

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