Government Approves Israel’s New Deficit Plan

Small country with advanced economy shows signs of strain resulting in Israel’s new deficit plan

Israel government approves new deficit plan | Democracy, elections and voting at Democracy Chronicles

AFP – The Israeli government on Sunday voted to go ahead with plans to raise the 2013 budget deficit target to three percent of GDP, despite objections from the governor of the central bank. The weekly cabinet meeting agreed to seek to fast-track the plan through parliament with a view to passing it.