Approval of Budget in Sight

Likud and the Labor Party were reported to have reached an understanding Monday that might result in approval of the 33 billion Shekel ($23.8 billion) national budget scheduled for its first reading in the Knesset Wednesday. But the fate of the budget still appeared to hinge on how the coalition partners will act on several matters in dispute between them.

One question that remains open is whether financial aid for the Labor-affiliated United Kibbutz Movement will be approved before the Knesset vote and whether Likud MKs will endorse it even if a parallel proposal for aid to Jewish settlements in the West Bank is not on the agenda by Wednesday.

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