Israel’s Annual Budget Deficit Hits Record 25.6 Billion USD Amid COVID-19 Outbreak
JERUSALEM, July 7 (NNN-MA’AN) – Israel’s annual budget deficit reached a record 88.4 billion new shekels (25.6 billion U.S. dollars), according to a report issued by the Ministry of Finance on Monday. The deficit figure, between July, 2019 and June, 2020, accounts for 6.4 percent of Israel’s GDP, above the…
