Israel's cabinet approves 4.7% deficit ceiling for 2013
Bank of Israel deputy governor says the government is committed to addressing the fiscal problem but needs to do more.
The cabinet on Sunday approved Finance Minister Yair Lapid's latest proposal to raise the budget deficit ceiling to 4.65% of gross domestic product this year, from 4.2% last year.
register with haaretz
Like us on Facebook and get articles directly in your news feed