Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> World
UPDATED: 09:08, June 08, 2006
Israeli parliament approves overdue state budget
font size    

The Israeli Knesset (parliament) on Wednesday approved the nation's budget for 2006, which is overdue for six months.

The 120-member parliament approved the budget with 53 votes in favor, 22 against and 45 abstentions.

The budget was sent to the Knesset for ratification after it was approved by the Israeli government on May 30.

The budget approval has been delayed for six months because the previous Knesset (parliament) was dispersed in last November before it managed to pass the budget presented by former government led by Ariel Sharon, who also quit after suffering massive stroke five months ago.

As there was no official budget, the government offices have been operating with the monthly funds given on basis of the budget for 2005 in the past half year, according to local newspaper Yedioth Ahronoth.

However, the newly approved budget will only be effective for less than half a year before the Knesset begins work on the next budget, said another newspaper the Jerusalem Post.

According to Israeli law, a newly-installed government has 45 days to make the government budget be approved or it will be dismantled and the country will have to face early elections.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- Israeli gov't approves 2006 budget with defense cut

- Israeli parliament approves 2006 budget in first reading

Dic

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved