Defense to receive NIS 780m. at expense of other ministries

22.12.2011                      26.Kislev. 5772                       Channuka 2

Verteidigung:

Defense to receive NIS 780m. at expense of other ministries

Defense budget has been the subject of intense dispute between the Treasury and the Defense Ministry in recent months.

This year’s defense budget received an NIS 780 million boost at the expense of other ministries, after the Knesset Finance Committee approved a Treasury request Wednesday.
This increases the Defense Ministry’s expenditure ceiling from NIS 59.93 billion to NIS 60.7b. To finance the increase, funds will be transferred from the following ministries: Welfare and Social Services; Industry, Trade and Labor; Housing; Tourism; Communications; Energy and Water; and Environmental Protection….