PM announces NIS 3 billion cut in defense budget - Israel News, Ynetnews

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PM announces NIS 3 billion cut in defense budget

Published: 05.13.13, 11:10 / Israel News

Prime Minister Benjamin Netanyahu announced that the defense budget will be cut by NIS 3 billion a year and not NIS 4 billion as the Finance Ministry proposed during Monday's cabinet meeting .


According to Netanyahu, the decision will not require additional cuts in the state budget due to reserves from previous years. (Avital Lahav)


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