Committee members, mostly from the opposition, voiced concerns over the budget, especially in the wake of the credit rating agency Moody's decision on Friday to lower Israel's rating.
Israel’s politicians need to address the issue head-on, otherwise, they will be remembered as the coalition members that led to the downfall of Israel’s economy.
Moody’s announcement is viewed by both Netanyahu and Finance Minister Bezalel Smotrich as politically motivated and surreal, since they both keep speaking of the basic strength of the Israeli economy
"Moody's announcement of the downgrade is not based on serious economic arguments and is entirely a political manifesto based on a pessimistic and unfounded geopolitical worldview."
“We will have to replace UNRWA. I directed that this process be started and I informed US Secretary of State Antony Blinken about it today,” Netanyahu said.
"The State of Israel will not give tax benefits to terrorist aides," Smotrich wrote on X on Thursday.
The vote will be held after press time on Wednesday night.
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