Treasury cuts to reduce child benefits by NIS 2 billion
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The Finance Ministry's budget proposal for 2013-2014 sees NIS 1.5 billion ($420 million) cuts a year in the education budget and a reduction of close to NIS 2 billion ($560 million) in child benefits.
The Transportation Ministry budget will be reduced by NIS 1.2 billion, and the ministry's road building projects across the country will be postponed. The government will discuss the economic plan on Monday. (Avital Lahav)
