Tax revenues beat forecast last month

It was a rare case of good news on the fiscal front, where the government has struggled to contain a deficit that has widened as tax revenues failed to meet the amounts contained in the original 2012 budget.

By Moti Bassok | 04:33 12.10.12 |

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Moti Bassok

The government's revenue from taxes and fees reached NIS 18.5 billion in September, 2.7% higher than it was a year ago and NIS 300 million more than had predicted it would take for the month, the Finance Ministry said on Thursday.

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Tax revenues beat forecast last month

It was a rare case of good news on the fiscal front, where the government has struggled to contain a deficit that has widened as tax revenues failed to meet the amounts contained in the original 2012 budget.

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