web analytics
November 27, 2014 / 5 Kislev, 5775
At a Glance
News & Views
Sponsored Post
IDC Herzliya Campus A Day on Campus

To mark IDC Herzliya’s 20th anniversary, we spent a day following Prof. Uriel Reichman, IDC’s founder and president, and Jonathan Davis, VP for External Relations, around its delightful campus.



Is Obama Listening? Israel’s Debt Shrinks by 30 Percent

The Israeli government’s deficit shrank by 30 percent, from $5.7 billion in the first nine months of 2013  to only $4 billion in the same period this year, Globes reported on Monday.

September’s deficit was only $250 million.

The deficit for the past 12 months represents 3.2 percent of the Gross Domestic Product (GDP), slightly more than the desired ceiling of 3 percent. The continuing decline in the government deficit will probably bring down number to below 3 percent by the end of the year.

Tax revenues grow by nearly 10 percent in the nine-month period, not including  September payments that were not recorded until October because of the recent  holidays.

Spending grew by 5.1 percent but less than the budgeted 8.8 percent  increase.

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

3 Responses to “Is Obama Listening? Israel’s Debt Shrinks by 30 Percent”

  1. Anonymous says:

    The uneducated Arab who owns the convenience store, where you fill your car, knows more about business than the law school graduate, Obama.

  2. America, learn from Israel.
    America, do the same.

  3. truthseekr says:

    The first paragraph makes no sense. It should have stated last year as 2012. Here’s how the Globes article started:
    “The government deficit shrank to NIS 14.1 billion in January-September
    2013 from NIS 20.2 billion in the corresponding period of 2012, after
    the deficit in September totaled just NIS 900 million. The deficit in
    the 12 months through September shrank to NIS 32.9 billion – 3.2% of
    GDP, based on the Central Bureau of Statistics’ new GDP methodology, and
    3.4% of GDP in the budget plan. The 12-month deficit has been shrinking
    steadily since March.”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Does this look like a pro-Israel group?
Minnesota Univ. Student Official Compares Group Backing Israel with KKK
Latest News Stories
Does this look like a pro-Israel group?

Maybe he thought those white hoods are prayer shawls although they are closer to being burkas.

Windshield Bullet Hole

As the expression goes, “Don’t bring a knife to a gunfight.”

Hamas snipers fired from Gaza at an IDF routine patrol operating along the security fence early afternoon on Thursday. No injuries were reported, and the vehicle was damaged. The IDF responded with an artillery shell aimed at the source of fire.

Soap Nuts

Jacob Richman found this amusing mistake in the store. Do we eat these “extra crispy” soap nuts, or wash the dishes with them?

For every terrorist cell Israel announces it has captured, there are many more kept under wraps.

On Monday evening, tTwo Arab MKs hurled epithets at MKs David Rotem and Feiglin from the podium. Here is Feiglin’s response.

Most significantly, both sides made progress until they talked about the status of Jerusalem.

If the Shin Bet had not stopped the terrorist cells in its tracks, they would have caused a mass catastrophe.

Thanksgiving is an American secular holiday that most Jews have no problem celebrating due to its lack of overt religious symbols (unlike the American holidays right before and after it). Still, there are always holdouts for some reason or another. Let’s hear what you do…

MK Miri Regev said the law is a difficult and complicated one, and it requires a serious discussion about its downsides, and therefore shouldn’t be rushed into implementation.

The Navy has selected Captain Or Cohen to become the first woman appointed as an IDF Navy ship’s commander.

Three Gazans were captured overnight when they crossed over the security fence into Israel.

Over 200 hair salons across Israel took part in the annual nationwide drive to collect hair for the Zichron Menachem Cancer Support in Israel in partnership with Pantene Products Israel.

In 2014, cruise ship traffic to Israel decreased by almost two-thirds in comparison with the year before.

U.S. Supreme Court Ruth Bader Ginsburg had heart surgery on Wednesday, Nov. 26.

“The Israeli government is not interested in the collapse of the Palestinian Authority,” said Arbell, a guest scholar at the Brookings Institution who teaches at American University here. “There may be faults in Abbas and the leadership and in what they’re doing, but they’re still the safest bet.”

More Articles from Jewish Press News Briefs
Windshield Bullet Hole

As the expression goes, “Don’t bring a knife to a gunfight.”

Hamas snipers fired from Gaza at an IDF routine patrol operating along the security fence early afternoon on Thursday. No injuries were reported, and the vehicle was damaged. The IDF responded with an artillery shell aimed at the source of fire.

On Monday evening, tTwo Arab MKs hurled epithets at MKs David Rotem and Feiglin from the podium. Here is Feiglin’s response.

Thanksgiving is an American secular holiday that most Jews have no problem celebrating due to its lack of overt religious symbols (unlike the American holidays right before and after it). Still, there are always holdouts for some reason or another. Let’s hear what you do…

MK Miri Regev said the law is a difficult and complicated one, and it requires a serious discussion about its downsides, and therefore shouldn’t be rushed into implementation.

The Navy has selected Captain Or Cohen to become the first woman appointed as an IDF Navy ship’s commander.

Three Gazans were captured overnight when they crossed over the security fence into Israel.

Shas head Aryeh Deri said this evening on Radio Kol Chai that if Netanyahu met his two non-negotiable conditions, Shas could join the coalition.

Printed from: http://www.jewishpress.com/news/breaking-news/is-obama-listening-israels-debt-shrinks-by-30-percent/2013/10/08/

Scan this QR code to visit this page online: