BREAKING NEWS

Gafni: Coalition crisis if PM doesn’t freeze company tax

By NADAV SHEMER

JUNE 16, 2011 18:33

Knesset Finance Committee chairman Moshe Gafni has warned of a crisis in government coalition ranks if Prime Minister Binyamin Netanyahu does not implement his committee’s recommendations and freeze the company tax for one year.

However, Gafni, was who speaking at a conference on budgetary issues at the Van Leer Institute in Jerusalem Wednesday night, also praised Netanyahu, Finance Minister Yuval Steinitz and Bank of Israel Governor Stanley Fischer for their economic policies.

“The Israeli economy is strong and the market is stable because these three are managing it as one would an economic enterprise, and that is the right policy,” he said, and added that he was pleased Fischer would be staying on a central bank chief after being disqualified from the race to head the IMF due to age.

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