Israel's Budget Crisis Deepens as Finance Minister Smotrich Embarks on US Trip
2025-03-04
U.S. News & World Report
A high-stakes budget row is brewing in Israel as Finance Minister Bezalel Smotrich heads to the US for crucial talks, leaving behind a simmering coalition crisis with ultra-Orthodox parties. The parties claim they have been denied promised 2025 budget allocations, sparking tensions within the government. With the budget deadline looming, Smotrich's US trip has added to the uncertainty, as Israel's economic future hangs in the balance. Key issues like government spending and fiscal policy are expected to dominate the discussions, amid concerns over the country's financial stability and economic growth. The outcome of these talks may have far-reaching implications for Israel's economy and politics.
