04 Mar
2024
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Knesset representative: The economic situation in Israel is going to worsen, burdening future generations with insurmountable debts

Knesset representative: The economic situation in Israel is going to worsen, burdening future generations with insurmountable debts

Israel is going to face an economic disaster, which can burden future generations with an insurmountable debt. As Jpost writes, Head of the Knesset State Control Committee Mickey Levy said this.

“He only thinks of himself. All of his actions are aimed at his own survival. Even among the Likud Party, there is widespread dissatisfaction with Netanyahu. He has caused heavy damage to the party,” Levy noted.

According to him, Netanyahu cannot hold the prime minister’s post after a failure of this scale.

Levy predicted that the 2024 budget is going to worsen the economic situation in Israel, burdening future generations with insurmountable debts. He warned that Israel’s GDP will decrease, the deficit will increase, while the foreign debt will keep rising.

The lawmaker suggested closing at least 10 ministries, which he considers redundant, especially in wartime, when every shekel should be directed to the war against Hamas.