After four years of serious budgetary mistakes, the penny has finally dropped and the government of Israel now understands that it has to correct the damage it did in 2010. This week it decided to slow down the growth rate of the budget from a scandalous 4 percent a year to a more reasonable 2.6 percent. Yet while the direction is right, the magnitude is certainly not.
Want to enjoy 'Zen' reading - with no ads and just the article? Subscribe todaySubscribe now