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Israeli budget stalls again

July 9, 2015 12:02
NetanyahuCROP 0

By

Anshel Pfeffer,

Anshel Pfeffer

1 min read

The next major hurdle for Benjamin Netanyahu's government will come at the end of next month, when the long-overdue budget is finally presented to the Knesset.

For the past six months Israel has been functioning on "fiscal autopilot". No budget was presented for 2015 due to the dissolution of the previous parliament and the election.

On Monday evening the coalition just scraped through a pre-budget vote, after summoning the unwell Energy Minister Yuval Steinitz from his home to ensure a majority.

The vote amended the Budget Law, allowing the government another extension until formally presenting the budget on August 31.

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