Israeli Economists Call for Reassessment of National Budget Amid War and Economic Crisis

TL;DR Summary
Israeli economists are urging Prime Minister Benjamin Netanyahu and Minister of Finance Bezalel Smotrich to re-open the country's budget in response to the ongoing war with Hamas. The economists argue that the current budget did not account for the costs of the war, including the relocation of over 200,000 Israelis and the impact on the economy due to labor shortages and closures. They are calling for a fundamental change in national priorities and a reallocation of funds to support the victims and rebuild the economy. The Ministry of Finance has not yet responded to the economists' letter.
Topics:world#budget#economic-challenges#economy#government-response#israeli-economists#war-with-hamas
- Israeli economists urge Netanyahu to re-open the nation's budget to account for the war CNBC
- Warning of crisis, 300 economists urge government to reallocate nonessential spending The Times of Israel
- Top Israeli economists urge PM to cancel billions of unneeded spending Reuters
- Warning of economic crisis, 300 senior economists urge reallocation of government spending The Times of Israel
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
3 min
vs 4 min read
Condensed
84%
623 → 97 words
Want the full story? Read the original article
Read on CNBC