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

September 10, 2014 12:33


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


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.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
July 18, 2019
Russia denies it has troops fighting in northern Syria


Cookie Settings