Analysis |

Israel Has a Bigger Problem Than Its Record 160-billion-shekel Deficit

If Israel’s credit rating is lowered, it won’t be because of the deficit, but because the government has no economic plan and never passed a budget

Sami Peretz
Sami Peretz
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Benjamin Netanyahu at Ben Gurion International Airport as a plane with doses of Pfizer's COVID-19 vaccine arrives, January 10, 2021.
Benjamin Netanyahu at Ben Gurion International Airport as a plane with doses of Pfizer's COVID-19 vaccine arrives, January 10, 2021.Credit: Moti Milrod

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