A general view of a plenum session and vote on the state budget at the Knesset (Israeli parliament) in Jerusalem on November 3. AFP
A general view of a plenum session and vote on the state budget at the Knesset (Israeli parliament) in Jerusalem on November 3. AFP
A general view of a plenum session and vote on the state budget at the Knesset (Israeli parliament) in Jerusalem on November 3. AFP
A general view of a plenum session and vote on the state budget at the Knesset (Israeli parliament) in Jerusalem on November 3. AFP

Israel's lawmakers pass first state budget in 3 years


Rosie Scammell
  • English
  • Arabic

Israel’s government passed a new budget on Friday for the first time in years, overcoming a major hurdle that could have unseated the fragile coalition.

Legislators voted 59 to 56 in favour of the 2022 financial package, after marathon parliamentary sessions that saw hundreds of separate votes.

Failure to pass the budget by November 14 would have prompted the collapse of the government, plunging Israel into its fifth elections in three years.

"We've put Israel back on track," Prime Minister Naftali Bennett said on Twitter.

The vote on next year’s plan followed politicians approving the 2021 budget on Thursday morning, after working apace throughout the night.

The right-wing premier heads the broadest coalition in the country’s history, which for the first time includes an Arab party.

The budget votes were a key test for the coalition, which took office in June and holds the narrowest possible majority in the 120-seat parliament.

“It’s huge for the government, because it provides them with the stability they need,” said Udi Sommer, a political science professor at Tel Aviv University.

Opposition leader Benjamin Netanyahu proved unsuccessful in his efforts to convince legislators to rebel and vote against the budget.

Israel’s longest-serving leader, Mr Netanyahu was ousted from power following inconclusive elections in March. Those polls were sparked by his government’s failure to pass a budget last December.

The country’s recent political turmoil meant leaders have been modelling the nation’s finances on a budget passed in 2018. In addition, they have approved emergency funding to respond to crises such as the coronavirus pandemic.

Zvi Eckstein, head of the Aaron Institute for Economic Policy at Reichman University, noted such an approach has restricted vital investment in the country.

“You are basically limited in initiating long-term and even short-term new programmes,” he said, such as infrastructure projects.

“The government’s ability to have new programmes, they have to relate legally to an emergency aspect,” he added.

Passing next year’s budget paves the way for investment in public transport initiatives, such as a long-awaited metro for the Tel Aviv area.

When the cabinet approved the budget in August, Finance Minister Avigdor Lieberman pledged “economic growth and administrative stability”.

“We have invested vast sums in infrastructures, transportation and real estate and we have passed significant reforms that will lower barriers and reduce the bureaucracy,” he said.

The financial programme also earmarks funds for the Arab community, which makes up 20 per cent of the population and has for decades suffered lower socioeconomic status than the Jewish majority.

Passing the budget could also go beyond new investments, according to Prof Sommer, and help heal the rift between politicians and their weary voters.

“The faith and the trust of Israeli citizens in their system is likely to increase,” he said. “But it’s going to take a while, because building trust takes time.”

UAE currency: the story behind the money in your pockets
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
LAST 16

SEEDS

Liverpool, Manchester City, Barcelona, Paris St-Germain, Bayern Munich, RB Leipzig, Valencia, Juventus

PLUS

Real Madrid, Tottenham, Atalanta, Atletico Madrid, Napoli, Borussia Dortmund, Lyon, Chelsea

UAE currency: the story behind the money in your pockets
The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

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SQUADS

Bangladesh (from): Shadman Islam, Mominul Haque, Soumya Sarkar, Shakib Al Hasan (capt), Mahmudullah Riyad, Mohammad Mithun, Mushfiqur Rahim, Liton Das, Taijul Islam, Mosaddek Hossain, Nayeem Hasan, Mehedi Hasan, Taskin Ahmed, Ebadat Hossain, Abu Jayed

Afghanistan (from): Rashid Khan (capt), Ihsanullah Janat, Javid Ahmadi, Ibrahim Zadran, Rahmat Shah, Hashmatullah Shahidi, Asghar Afghan, Ikram Alikhil, Mohammad Nabi, Qais Ahmad, Sayed Ahmad Shirzad, Yamin Ahmadzai, Zahir Khan Pakteen, Afsar Zazai, Shapoor Zadran

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UAE currency: the story behind the money in your pockets
If you go

 

  • The nearest international airport to the start of the Chuysky Trakt is in Novosibirsk. Emirates (www.emirates.com) offer codeshare flights with S7 Airlines (www.s7.ru) via Moscow for US$5,300 (Dh19,467) return including taxes. Cheaper flights are available on Flydubai and Air Astana or Aeroflot combination, flying via Astana in Kazakhstan or Moscow. Economy class tickets are available for US$650 (Dh2,400).
  • The Double Tree by Hilton in Novosibirsk ( 7 383 2230100,) has double rooms from US$60 (Dh220). You can rent cabins at camp grounds or rooms in guesthouses in the towns for around US$25 (Dh90).
  • The transport Minibuses run along the Chuysky Trakt but if you want to stop for sightseeing, hire a taxi from Gorno-Altaisk for about US$100 (Dh360) a day. Take a Russian phrasebook or download a translation app. Tour companies such as  Altair-Tour ( 7 383 2125115 ) offer hiking and adventure packages.
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Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
While you're here
Results:

CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

The Kingfisher Secret
Anonymous, Penguin Books

A new relationship with the old country

Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates

The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:

ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.

ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.

ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.

ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.

IN WITNESS WHEREOF the undersigned have signed this Treaty.

DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.

Signed

Geoffrey Arthur  Sheikh Zayed

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Updated: November 05, 2021, 7:09 AM`