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Michal Abadi-Boiangiu
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Israel has a $6 billion buffer. The question is who gets to spend it
11.08.26
|
Adrian Filut
The deficit has fallen to 3.3% of GDP as tax revenues surge, giving the government an unexpected fiscal cushion. The Bank of Israel and Treasury officials, however, are increasingly focused on the much larger challenge of financing a defense budget that could reach $61 billion.