Analysis || How did Israel reach a NIS 40 billion budget deficit?
The blame for the deficit is being placed everywhere - from professional incompetence by treasury officials to an inability to implement structural reforms in areas like the defense budget.
On the eve of Shavuot, the government passed the controversial 2013-2014 budget that includes some harsh budgetary measures, disappointing many in the public after the countless electoral pledges to reduce the cost of living.
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