Wednesday, March 27, 2013

Lapid, Fischer discuss NIS 10 billion budget cuts

Finance minister, Bank of Israel governor meet as part of Finance Ministry's marathon session on future budget cuts • Treasury officials propose raising value added tax rate to boost state revenue • "I will do the right thing for the future even if it won't be the most popular thing," says Lapid.

Finance Minister Yair Lapid says he will do what is right, not what is popular.
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Photo credit: Uri Lenz

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