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Israeli Government Approves $700 Million Budget Cut for Urgent Security Purchases
The Israeli government will approve a 2.6 billion shekel budget cut on Sunday to fund urgent security purchases. This second cut in four days is larger than a previous one for Apache helicopters.
2 newsrooms · 2 languages · sinceWhat happened
- 01The Israeli government will approve a 2.6 billion shekel budget cut on Sunday.
- 02The funds are designated for "urgent security procurements."
- 03This is the second budget cut in four days.
- 04The cut will be a uniform 5% reduction across all government ministries.
- 05The government rejected advice to use coalition party funds for the cut.
The reduction will be a uniform 5% cut across all government ministries' development and procurement budgets, overriding recommendations to use coalition party funds.
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