Zvi Hauser's proposal accepted by Benjamin Netanyahu and Benny Gantz will likely add another NIS 11 billion to Israel's 2020 budget.

Providing the Knesset plenum passes tonight, as expected, the amendment to the Basic Law, which would allow the State budget to be postponed for 120 days, then elections will be avoided - for the time being. The proposal by MK Zvi Hauser of Benny Gantz's Derekh Eretz faction, includes expanding the interim budget by NIS 11 billion. It was passed earlier today in its second and third reading by the Knesset Finance Committee.


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IsraelEconomist.co.il Comments:

I can't figure out why this budget issue was the cause of the Government coalition to nearly collapse.

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