The Israeli government’s budget deficit for February was more than $500 million. Among the factors was the continued drop in tax revenue amid Israel’s economic downturn. Finance Minister Benjamin Netanyahu said that the despite the difficult economic situation, it’s possible to turn the economy around, Israel Radio reported.
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.