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(Jul 30, 2013) On July 30, 2013, the Knesset (Israel's parliament) passed the Budget Law for 2013-2014. (Press Release, State Budget and the Arrangements for the Years 2013 and 2014 Were Approved at the [Knesset] Plenum [in Hebrew] (July 30, 2013), Knesset website.) Fifty-eight of the 120 Knesset Members voted in favor of the Law, 43 objected, and 19 were absent from the vote. (Adrian Pilot and Lilach Wisman, In Light of the Agreement with the Coalition: State Budget Approved by the Knesset [in Hebrew], GLOBES (July 30, 2013).)

A comparison between the percentage of budget allocations for different items approved for spending in 2013 and 2014 indicates a reduction in allocation of funds for items such as defense spending, salaries of teachers and professors, and social security. An increase in funding appears in the budget allocated for development projects and national health care, among other areas. (Pilot and Wisman, supra; Budget for Fiscal Years 2013 and 2014 Draft Bill, 5773-2013 [in Hebrew], HATSAOT HOK HAMEMSHALA [Government Bills] No. 767, p. 388, Knesset website; for Information on Israel's two- year budget law system, see Ruth Levush, Israel's Social Protest and the Two-Year Budget Cycle: Any Lessons?, IN CUSTODIA LEGIS (Sept. 14, 2011).)

Author: Ruth Levush More by this author
Topic: Budget More on this topic
Jurisdiction: Israel More about this jurisdiction

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Last updated: 07/30/2013