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Israel Budget Balance
The gap between government revenues and expenses (excluding credit) in Israel is referred to as the net government budget balance (excluding credit). When expenditures equal receipts, the budget is balanced; when revenues exceed expenditures, the country reports a budget surplus; and when expenditures exceed revenues, the country reports a budget deficit. The series does not contain the activities of the government in the areas of credit lending and debt repayment.
A higher than expected figure should be seen as positive (bullish) for the ILS while a lower than expected figure should be seen as negative (bearish) for the ILS.
Source:
Israel Ministry Of Finance
Category:
Government Budget Value
Units:
Billion
Latest Release
Previous:
-ILS22.9B
Consensus:
Actual:
-ILS16.6B
Next Release
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