Israel Paying Economic Price for 4th Election in 2 Years Joshua Shuman
Economic uncertainty and instability are real cost of Israel’s elections
Elections cost money. And Israel’s upcoming election, the fourth in two years, will cost much more than previous ones.
The financial burden of the election on state coffers is compounded by the fact that the government has not passed national budgets for 2020 and 2021.
The cost of holding Israel’s upcoming election, scheduled for March 23, 2021, is estimated at close to 500 million NIS ($155.4 million). This is at least 20% higher than the last elections in March 2020 and higher by as much as 40% than the first election in the last two years that took place in April 2019.