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NIS 5-6 billion budget shortfall from war so far: Government spending is up NIS 2 billion, and...

Byline: Zeev Klein

Jul. 30--The current budget shortfall from the war in the north is NIS 5-6 billion. The war has already increased government spending by NIS 2 billion, and is expected to cut tax revenues by NIS 3-4 billion.

At today's cabinet meeting, the ministers were shown surveys of civil deployments in north as a result of Hizbullah rocket fire. The ministers were also shown the arrangement reached by the Ministry of Finance, Manufacturers Association and Histadrut (General Federation of Labor in Israel) for compensating residents and businesses in th

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