Budget deficit narrows to 6.9% of GDP

$21M state deficit is looming; budget official details predicted shortfalls
State government is on track to end the current fiscal year with a deficit for the first time in more than a decade, according to the Legislature’s top budget staffer.
Israel 2025 budget deficit could breach target and hit 5% of GDP, official says
Israel's budget deficit could near 5% of gross domestic product in 2025, above the government's target but below last year's 6.9% and a level that could boost its credit rating after a series of downgrades,
Israel Budget Deficit Jumps to 6.9% of GDP in 2024 Due to War Costs
The deficit for all of 2024 was 6.9% of gross domestic product, compared with 4.2% in 2023. Nonetheless, the December figure was the lowest since March after reaching 8.5% in the 12 months to September and slipping to 7.
Official: State budget deficit is looming
State government is on track to end the current fiscal year with a deficit for the first time in more than a decade, according to the Legislature’s top budget staffer.
2024 deficit 6.9% of GDP, 2025 budget must be passed, accountant-general
The provisional budget is much lower than the proposed budget for 2025, and it is impossible to continue to function over time without passing the 2025 budget, the accountant-general said.
Budget deficit narrows to 6.9% of GDP, but still higher than government target
The post Budget deficit narrows to 6.9% of GDP, but still higher than government target appeared first on The Times of Israel.
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