Israel to trim taxes and government spending

Reuters, Monday 13 Dec 2010

Israel will trim taxes and cut its government spending to achieve economic stability

Israel has to achieve fiscal balance and tax cuts in order to strength its economic position, say Israeli Prime Minister Benjamin Netanyahu.

“We should curb or trim government spending and taxes, adds Netanyahu. Investment in education is a must and we need to continue expanding our infrastructure and eliminate bureaucracy to encourage investment, said the prime minister during a business conference.

We should work on these guidelines because the world like them and Israelis will benefit from, explained Netanyahu.

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