ISRAELI PRIME MINISTER ARIEL SHARON SPEAKS ON ISRAELI BUDGET.
Israeli Prime Minister Ariel Sharon speaks in Tel Aviv January 3, 2002.
Sharon said he would ensure that budget cuts he promised the central
bank in return for a 2.0 percentage piont interest rate reduction would
be approved by the Israeli Parliament. The Bank of Israel reduced the
key rate to an historic low of 3.8 percent on December 23 in return for
cuts of 6.15 billion shekels (1.3 billion dolar) in the 2002 budget.
REUTERS/Havakuk Levison REUTERS