Netanyahu says his budget will bring stability to Israeli economy

Speaking to coalition partners prime minister says contrary to media reports, budget bill to resolve housing, education, social services, Jewish identity as well as personal and national security; protesters gather outside Knesset
Sivan Hilai|
Prime Minister Benjamin Netanyahu, on Tuesday, said his government's2023-24 budget bill will bring economic stability and will lower inflation and stop the rise in costs.
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"Contrary to what the media has been reporting the budget deals with housing, education, social services and with bolstering the Jewish identity of the country as well as personal and national security," Netanyahu said in a meeting with the parties that make up his coalition.
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ראש הממשלה בנימין נתניהו בפתיחת ישיבת ראשי הקואליציה לפני העברת התקציב
ראש הממשלה בנימין נתניהו בפתיחת ישיבת ראשי הקואליציה לפני העברת התקציב
Prime Minister Benjamin Netanyahu
(Photo: Gil Yohanan)
The prime minister had come under criticism from the opposition for what they claimed was exorbitant funding for the Ultra-Orthodox parties at the expense of the rest of the country, forced on him by his coalition agreements.
The allocation to the Haredi parties includes 1.2 billion dollars to education and an additional 250 million dollars for Yeshiva students and their families, which was agreed upon on Monday.
Opposition leader Yair Lapid said Netanyahu was being extorted by anyone who walks into his office.
"This budget means the end of the basic contract between a government and the citizens. We are all meant to have the same rights and duties and instead, some are the suckers who must finance the deals that the prime minister has made with his partners," Lapid said.
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אריה דרעי ובנימין נתניהו במליאת הכנסת
אריה דרעי ובנימין נתניהו במליאת הכנסת
Prime Minister Benjamin Netanyahu and Shas leader Arye Deri
(Photo: Knesset Channel)
He was referring to the de-facto exemption of ultra-Orthodox men from military duty and the funding of Haredi educational institutions although they do not offer the teaching of math, English and basic science, leaving their graduates unfit for the modern workforce.
The right-wing and religious coalition allotted a considerable part of the budget to promoting Jewish and religious nationalistic programs in addition to the unprecedented funding to the Haredi parties.
Opponents of the government's judicial overhaul took up the budget as another cause for their demonstrations and called for mass protests outside the Knesset as the budget was being passed calling it a "night of looting."
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מפגינים בירושלים מול הכנסת
מפגינים בירושלים מול הכנסת
Protesters outside the Knesset as the Budget Bill comes up for a vote
(Photo: Tal Shahar)
Earlier a group of protesters disrupted a speech by Economy Minister Nir Barkat in Jerusalem, clashing with police.
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