Lapid’s budget includes extensive cuts & unprecedented taxes


Finance Minister Yair Lapid presents the gov’t with final budget proposal for 2013-14, outlining aggressive cuts & a series of new unprecedented taxes meant to relieve some of the state’s 39 billion shekel ($11 b) deficit.

Zeev Klein and Israel Hayom Staff


Finance Minister Yair Lapid presented the government with his ministry’s final budget proposal for 2013-2014, outlining aggressive cuts and a series of new taxes meant to help cover some of the state’s 39 billion shekel ($11 billion) deficit.

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