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Israel to Cut Ministry Budgets by $700 Million for Urgent Defense Purchases
The Israeli government will cut ministry budgets by 2.6 billion shekels on October 18 to fund urgent defense purchases. This cut, affecting all ministries proportionally, is larger than a previous one for Apache helicopters.
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What happened
- 01Israel's government will cut ministry budgets by 2.6 billion shekels on October 18.
- 02The funds are designated for urgent defense acquisitions.
- 03All government ministries will face a proportional budget reduction of about 5%.
- 04The Ministry of Education will lose 285 million shekels, the largest cut.
- 05The government rejected using coalition funds for the defense purchases.
The government rejected a proposal to use coalition funds, opting instead to reduce civilian ministry budgets for education, health, and social welfare.
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