10.14.12, 14:36–The 19th Knesset elections will cost the Israeli taxpayer NIS 450-500 million (about $115-130 million). The public coffers will pay the cost of operating voting stations through the Central Election Committee, which is expected to stand at NIS 220-230 million ($57-60 million).
Governmental funding of the parties’ election campaigns stands at some NIS 180 million ($46.5 million), and new parties are expected to receive at least NIS 50 million ($13 million) – in the meantime as temporary credit.
The Election Committee budget will be submitted to the approval of the Knesset’s Finance Committee, after lawmakers approve the special bill to move up the elections.
The budget of the previous elections, four years ago, stood at NIS 210 million ($54 million) and is linked to the cost of living index…Read More>>