JERUSALEM, Aug. 5 (Xinhua) -- Israel's annual budget deficit has reached a record 98.4 billion new shekels (28.9 billion U.S. dollars), said a report published by Israeli Ministry of Finance on Wednesday.
The deficit figure, between August 2019 and July 2020, accounts for 7.2 percent of Israel's GDP, way above the government's target of three percent.
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