The Cabinet today began discussions of Israel’s 1967-68 budget, which reportedly will reach 5,000,000,000 pounds ($1,670,000,000), nearly 10 percent higher than the current budget. The additional income for the expenditures of the next fiscal year, which starts April 1, is expected to come from increased taxation.
Finance Minister Pinhas Sapir had requested that the Cabinet begin consideration of the new budget several months earlier than in previous years, because of the changes to be brought about by the austerity program now under discussion.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
