JERUSALEM: Israel’s new government won’t increase taxes and is dedicated to passing a yearlong 2021-22 budget, but time constraints imply that the funding impact will probably be felt at 2022,” Finance Minister Avigdor Lieberman said on Monday.
Even the cross-partisan coalition under Prime Minister Naftali Bennett has been verified on Sunday, ending decades of caretaker authorities under Benjamin Netanyahu through which Israel functioned with annual as opposed to annual budgets, such as throughout the coronavirus pandemic.
“There won’t be a tax increase.
We oppose a tax increase.
Taxes shouldn’t be increased, and there’ll not be a going mad on the budget problem,” Lieberman told reporters.
He explained the a variety of coalition parties had agreed to draft a yearlong funding over 140 days.
However, he explained, the large Jewish vacations in September will probably cause lags.
“We shall not have a lot of leeway to impact whatever in 2021,” he explained.
“The accent is currently at 2022.” (Writing by Dan Williams; Examining by Maayan Lubell and Catherine Evans)
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