Millions injected into new welfare, culture and science budgets

Isreal Hayom,
12 August 2016, Israel

Two-year state budget proposal includes incentives to promote growth, increase competition, reduce high cost of living, says PM Netanyahu.

The budget "includes a series of growth incentives to increase competition and reduce the cost of living," Netanyahu said. "I cannot stress this enough: Growth is the most important element in managing Israel's economic and social policies. There is no social policy without the kind of economic policy that ensures growth and produces resources."

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