Israeli Treasury estimates deficit will deepen and stand at 4% at year’s end
10.12.23|Shlomo Teitelbaum
According to the Accountant General, at the end of November the deficit in the past 12 months stood at about 3.4% of GDP, which is about NIS 62.3 billion, after an increase of 0.8% within a month - mainly due to the war. Tax revenues decreased by about 16.5%
