Finance Ministry reports dramatic revenue surge while deficit holds at 3.3%

The Finance Ministry reported Monday that state revenues rose dramatically over the past year, while the budget deficit remained unchanged at 3.3% of GDP.

Monday evening's update from the Finance Ministry adds a new detail to the Ministry's earlier statement that the deficit had stayed at 3.3% over the past year. The new report highlights a dramatic increase in state revenues, though no specific figures were provided. The revenue growth comes as Israel continues to manage fiscal policy amid elevated defense spending and broader security costs.

2 developments

1. 18:42 · 10 AugLatest

   Finance Ministry reports dramatic surge in state revenues.

2. 13:36 · 10 Aug

   Finance Ministry reports deficit unchanged at 3.3% of GDP over past year

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• Open-source intake