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Elham AbolFateh

Middle East

Israeli government approves NIS 397.3 billion budget for 2019

Friday 12/January/2018 - 08:18 PM
Sada El Balad
Edited by Ahmed Moamar
The Israeli government unanimously approved the 2019 state budget Friday morning، after all-night hectic debates. The budget will stand at NIS 397.3 billion and is a "social one، focused on nurturing the Israeli economy،" said Finance Minister Kahlon، Ynet reports.
"The finance minister is not a treasurer. His job is to help the economy grow and channel the fruits of that growth to the right places and to populations who have been forgotten for far too long. The budget continues the social revolution and determines a new distributive order،" Kahlon asserted.
Prime Minister Benjamin Netanyahu also welcomed the budget's approval and said، "The government has approved an excellent budget and an excellent Arrangements Law expressing our consistent، responsible policy. The budget preserves the country's growth and economic strength on the one hand and looks after the social needs of all of Israel's citizens on the other."
Among the reforms included in the budget's framework are Kahlon's "Net Family" plan، Deputy Health Minister Yaakov Litzman's national nursing care plan، increasing competition in the television market، reducing prices on private medical operations، shortening the work week، the school holiday shortening reform، reducing cash usage، increasing housing supply and reducing the number of government ministries.
The Defense Ministry's budget will be NIS 63 billion، the education budget will be NIS 60 billion، the health budget NIS 38 billion، whereas the welfare and Holocaust survivors' budget will be NIS 13 billion. Disability benefits were also included in the budget، to the tune of two billion shekels.
Also as part of the budget approval، heads of the coalition parties signed a document considered an appendix to their coalition agreement، which for the very first time guarantees that every time a coalition MK demands increased budgeting throughout the government's term، the increase's sum will be taken from the finance minister's financial commitment to their party.
At the conclusion of prolonged negotiations، Sports and Culture Minister Miri Regev was able to come to terms with the Treasury on a one billion shekel budget for Israeli sports، the highest ever allocated، marking a 30 percent increase compared to last year's NIS 724 million budget.
The two ministries also agreed to form a committee chaired by the directors-general of both parties to examine and recommend what the optimal way to divvy the budget for the benefit of all of the country's sporting bodies is.
Zabor and Welfare Minister Haim Katz، meanwhile، agreed with the Treasury that his ministry's budget for 2019 will increase by NIS 1.236 billion، with a NIS 736 million addition for labor and a NIS 504 million addition to welfare.
The augmented budget will be used to overhaul technological colleges، professional training courses and for employment promotion، as well as to develop services and expand programs bettering the social strength of Israel's weakened populations.
One facet of the aforementioned plan to bolster Israel's needy populations is increasing nursing care benefits from NIS 3،432 to NIS 5،000، with nursing patients preferring an Israeli caregiver over a foreign one being accorded more care hours.


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