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Jerusalem, 11 August 1998
PM NETANYAHU ON BUDGET GOALS
(Communicated by PM's Media Advisor)
At today's (Tuesday) 11.8.98 cabinet meeting on the budget, Prime Minister
Benjamin Netanyahu stated that the budget will emphasize three central
components: Emphasis on strengthening security; investment in
infrastructure and creating growth. The Prime Minister said that he has
accepted the strategic decision to increase the defense budget in light of
increasing nearby and distant threats.
The total budget and its proportional allocation will be detailed at the
cabinet meeting. Under consideration is a multi-year program to meet these
threats. Such a program has never been made in the past.
The Prime Minister said that investment in infrastructure is intended to
bring about a decline in the level of unemployment.
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