State Comptroller report: State's deficit grew to 1.5 trillion NIS - Israel News, Ynetnews
 
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State Comptroller report: State's deficit grew to 1.5 trillion NIS

Published: 05.14.14, 20:37 / Israel News

The annual State Comptroller report has revealed that the when taking into account the future pension payments of State workers and the State's financial commitments to the National Insurance Institute, the accumulative deficit stands 1.5 trillion shekel, as of the end of 2102.

 

The comptroller further said that the government has failed to adequately prepare for the long term implications of the deficit on the State budget. (Avital Lahav)

 

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