By JPOST.COM STAFF
Doctors will receive a 23.5-percent wage increase, according to an arbitration Wednesday.
The pay rise will be given in five stages, starting within 60 days and ending at the beginning of January 2011.
The Treasury estimated that the increased pay will cost the economy NIS 1.6 billion a year, and called Wednesday's decision irresponsible in light of the current economic slowdown.
var cont = `Stay Informed
As the war against Hamas unfolds, our unwavering newsroom remains committed to covering Israel's most profound crisis.
Sign up for our newsletter to get real-time news and in-depth analysis from our top reporters.