Hundreds of workers have already been fired from youth movements and some of the movements are facing the possibility of needing to close down completely due to the lack of a budget.
Israel's high-tech sector has been suffering budgetary issues for a while now, as the country's been caught in a limbo of political confusion since last year.
MIDDLE ISRAEL: The former governor of the Bank of Israel represented truth, warning that Benjamin Netanyahu’s budgetary maneuvering is economically ruinous.
The change in the Basic Law is made necessary by the fact that since there has not been a government for a year, the state has not had an approved budget since January 1.
Moody's estimates that its rating will rise in the next 12-18 months if the improvement in debt levels and fiscal performance continues, despite upcoming elections.
"The south Tel Aviv neighborhoods will become a national priority," Minister of Construction and Housing Yoav Gallant said.
If – and it’s a big if – there’s an election soon, the coalition will want to have at least some recent accomplishments to bring to the voters, or at least to show they really tried.
Liberman's demand for increase arises from the introduction of "equilibrium breaking" weaponry into the region in the past two years.
Finance Minister Moshe Kahlon said that passing the budget in its first reading is "already strengthening the Israeli economy."
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