Economy · Full coverage
Israeli Finance Ministry Reports Lowest Deficit Since November 2023 Amid Economic Growth
How 5 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Calcalist · 2 hours ago
What happened
Israel's Finance Ministry reports the national deficit in June dropped to 8.6 billion shekels, the lowest since November 2023, amid rising revenues and economic growth despite ongoing security challenges. Finance Minister Bezalel Smotrich credits government management and citizen resilience for the positive economic performance.
- 01Israel's June deficit fell to 8.6 billion shekels, down from 16.8 billion last June.
- 02The 12-month cumulative deficit is 3.3% of GDP, a 0.4% decrease year-over-year.
- 03Government revenues rose 11.4% year-to-date to 307 billion shekels.
- 04Government spending increased 1.9% year-to-date to 313.8 billion shekels.
- 05Finance Minister Smotrich credits economic resilience amid nearly three years of conflict.
- 06Smotrich rejects left-wing economic concern campaigns as disproven by data.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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