Finance Ministry needs Histadrut labor federation's consent for plans to cut salaries, cancel pay raises for the public sector and delay benefits promised to doctors, nurses and social workers.
Last week, the new finance minister met with representatives of the Israel Tax Authority and Defense Ministry to hash out details of the impending two-year budget for 2013-2014.
If he is really serious about reining in Israel's swollen defense budget, Lapid needs to go where no Finance Minister has gone before - around Benjamin Netanyahu and the defense establishment.
Defense officials say Moshe Ya'alon was tied up in urgent security consultations and flight prevented him from running late to wedding.
Despite deep reforms in 1990s, government obligations remain massive and little-discussed.
Solicitation of campaign loan guarantors was approved by State Comptroller.
As economy sends mixed signals, Bank of Israel holds base rate at 1.75% for next two months.
Most analysts expect the representative rate to be left at 1.75%, noting that the bank did not cut interest a month ago and the factors that would have supported such a cut are no longer as compelling.
The loss, due mostly to currency fluctuations and interest rate differentials, brings the Bank of Israel's accumulated losses to NIS 42.6 billion in the past two decades.
Whole swaths of the newly clean city will be closed during the U.S. president's two-day visit to accommodate his entourage, foreign journalists and hundreds of other guests.