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25th Knesset · outgoing

Deficit Reduction and Budgetary Expenditure Limitation Law (Amendment No. 27) Bill

Translated from Hebrew: הצעת חוק הפחתת הגירעון והגבלת ההוצאה התקציבית (תיקון מס' 27)

TL;DRIt is proposed to raise the deficit ceiling for 2024 so that the total deficit rate will not exceed 7.7% of gross national product (instead of a rate of 6.6%), and to increase the permitted government expenditure in 2024 at a rate of 17.8% of total government expenditure for 2023 to continue financing the needs…

Translated from Hebrew

What does the bill do?

It is proposed to raise the deficit ceiling for 2024 so that the total deficit rate will not exceed 7.7% of gross national product (instead of a rate of 6.6%), and to increase the permitted government expenditure in 2024 at a rate of 17.8% of total government expenditure for 2023 to continue financing military needs and at a rate of 4.3% to continue financing civilian needs arising directly from the fighting.

Became lawFirst plenum vote: December 2, 2024

The votes on this bill

Passed62 for · 52 against · 0 abstained · 6 did not vote
Source: the Knesset's vote record ↗

Coalition 68 seats

LikudFor 29 · Absent 3
ShasFor 10 · Absent 1
United Torah JudaismFor 6 · Absent 1
NoamAbsent 1

Left the coalition 8 seats

Opposition 44 seats

Yesh AtidAgainst 24
Ra'amAgainst 5
LaborAgainst 4

Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown