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Acting Prime Minister Ehud Olmert met this morning with Bank of Israel Governor Prof. Stanley Fischer and received from him the Bank of Israel Annual Report for 2005.
Acting Prime Minister Olmert emphasized: "The Government of Israel will maintain the parameters that have characterized the economy. There will be no deviation in expenditures; we will not increase the deficit beyond the parameters and the line that have guided economic policy. We will have to change priorities regarding social issues and this is of utmost importance for economic stability. We want to bring about a reduction in social gaps, an increase in employment and a reduction in the number of people in distress. We will continue to act with monetary responsibility and fiscal discipline." The Acting Prime Minister added that he is completely committed to finalizing legislation of the Bank of Israel Law.
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