Finance Minister Pinhas Sapir predicted that real wages and salaries would rise by eight percent next year. He told newsmen that three percent of the rise would be attributable to tax cuts. Sapir said he would decide in Oct. whether to impose the added value tax the Treasury has been planning. If the decision is taken, the tax will become effective with the beginning of the next fiscal year, he said.
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.
