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Finance Minister: We'll Fight Poverty Despite War

By Zvi Lavi, Ynet news

Israel

November 6, 2006

 

Ahead of vote on national budget Tuesday, finance minister vows to increase support for weaker populations, says Israel has potential for becoming 'economic powerhouse'

Finance Minister Abraham Hirchson said Monday that he plans to dedicate the coming year, 2007, to efforts to narrow the socioeconomic gaps in the country. "If the growth continues, we will be able to declare a war on poverty," he vowed.

Hirchson, who presented the national budget to the Knesset ahead of the vote on the budget set for Tuesday, declared that he was looking into ways to decrease the damage to the elderly, the sick and the weaker populations. These issues are currently the bone of contention and threaten to abort an approval of the budget.

The finance minister said that if it maintains the budgetary objectives, Israel can become an economic powerhouse. "If the human resources are allowed to realize their potential – we'll become a modern economy free from bureaucratic constraints, that is able to compete in the global market," he stated.

Despite the war in Lebanon and its implications on the budget, Hirchson promised that the government will continue to provide solutions for the weaker populations, through employment incentives and financial support for those unable to work.

 


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