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Israel Government’s Increased 1966 Budget Presented to Cabinet

January 31, 1966
See Original Daily Bulletin From This Date
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Minister of Finance Pinhas Sapir today presented the Government’s 1966-67 budget to Israel’s Cabinet, after the figures had been studied by the Ministerial Committee on Economic Affairs. The amount of the budget was not officially revealed. But informed quarters said that the projected 1966-67 expenditures were set at 4, 600, 000, 000 Israeli pounds ($1,533,333,333) as against the current budget, which totals 4,000, 000, 000 pounds ($1, 333, 333, 333).

In another development, the Cabinet today empowered the Minister of Justice, Yaacov Shapiro, to prepare amendments to Israel’s new libel law, an act passed last summer against which there have been many protests on the grounds that it jeopardizes freedom of the press. The action was taken by the Cabinet on the recommendation of a committee headed by Justice A. Vitkon.

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