Finance Minister Yigal Hurwitz is expected to ask the Knesset tomorrow for an additional budget of IL 100 billion for the current fiscal year. If approved, the present budget will rise to IL 425 billion. Hurwitz says the extra money is needed to compensate for the rapid rise in prices since the original budget was approved and to cover pay increases and increases in government financial support for various bodies. However, he stands by his policies aimed at reducing inflation. However, these will be implemented in the budget for the next fiscal year.
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