Finance Minister Silvan Shalom said yesterday that as his ministry in the last ten months had to come up with four different government budget proposals, he was seriously considering submitting a two-year rather than a one-year budget.

Shalom added that the government had succeeded to form a Knesset majority to pass the budget, but the prime minister decided to delay the budget's submission for the time being until he reaches an agreement with the religious parties as well.

The government will likely submit the budget to the Knesset this coming Wednesday.

The finance minister said annual government revenues from the special tax surcharge on monthly salaries exceeding NIS 30,000 will come to NIS 400 million.

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