Kan English

The government has approved apportioning an overall sum of NIS 13.6 billion ($ 3.72 billion) in coalition funds in 2023-2024. According to the proposal, the state budget for 2023 will include a dedicated sum of NIS 5.7 billion, as well as a dedicated sum of NIS 7.9 billion in 2024.    The final decision regarding coalition funds was met with opposition by Finance Ministry officials, who warned that the coalition funds were liable to damage Haredi contribution to the workforce, lead to future tax hikes and adversely affect the GDP and growth. KAN's Mark Weiss spoke about the budget  with Professor Dan Ben David, President and founder of the Shoresh Institution for Socioeconomic Research and an economist at Tel Aviv university.  (Photo:Yonatan Sindel/Flash90)See omnystudio.com/listener for privacy information.