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JERUSALEM: The political coalition of the two Israeli party leaders has been on the brink of collapse, as Gantz, Israel’s defense minister, and Netanyahu failed to agree on the country’s budget for this year and 2021, as the first Minister tried to postpone the deadline to present the budget to the Knesset for a vote.
Israel will hold snap elections as parliament was dissolved over a budget dispute, according to Israeli parliament speaker Yariv Levin, who made the announcement on television on Tuesday, the Sputnik news agency reported.
These parliamentary elections for the unicameral Knesset will be the fourth in two years, as announced after the dissolution of the Knesset in the absence of a budget agreement.
According to a report, new elections are expected to be held on March 23, 2021, as new elections are due to be held three months after the dispersal of the Knesset.
Earlier on Tuesday, while delivering a speech in parliament, Israel’s Prime Minister Benjamin Netanyahu blamed his political rival Benny Gantz of the centrist Blue and White party for the ongoing political crisis.
“I think that at the present time, we should have joined forces to find a way to avoid these unnecessary elections,” Netanyahu said.
Netanyahu’s conservative Likud party, which controls the government’s finances, reportedly refused to submit a budget, violating its coalition agreement with Gantz, which in turn was the reason for the government’s collapse.
Netanyahu took to Twitter to comment on the upcoming elections, expressing hopes of winning them with Likud.
Netanyahu and Gantz formed a coalition in May, after three elections that resulted in failures to form a joint government, on the condition that Gantz become the prime minister of the Jewish state next year, in place of Netanyahu. – Called
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