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Security Establishment Urges Release of Billions in Defense Funds

By مكان
Translated & summarized from Makan by baba
The story · English

Israel's security establishment has formally requested that the political leadership release tens of billions of shekels pledged by Prime Minister Benjamin Netanyahu for defense budget enhancements. The funds have not yet been transferred, according to Kan news.

Sources told Kan that the money remains held up pending approval from the Knesset Finance Committee. Necessary procedures for the transfer were not completed before the current Knesset's term ended. The security establishment's demand comes as defense industries face billions of shekels in outstanding debts owed by the Ministry of Defense.

Concerns have been raised that continued delays could impact production lines and the operations of several defense companies. Current estimates suggest the likelihood of the funds being transferred soon is slim, making it probable that the next government will be responsible for their approval.

Read the original at Makan
Full coverage · 2 outlets
50% centerFirst: Behadrei Haredim · 11h ago

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