Security Cabinet unanimously approves NIS 2.75b for defense budget

October 31, 2013 17:09

The Security Cabinet on Thursday unanimously voted to increase the defense budget by NIS 2.75 billion, 1.75 billion shekels fewer than the Defense Ministry had sought.

“We made a unanimous decision that balances between the big security challenges that stand before the state of Israel and the need to continue navigating Israel’s economy responsibly in the face of the global economic crisis.” Prime Minister Binyamin Netanyahu said.

The cabinet also decided to establish a public committee to check the defense budget, and assigned Harel Locker, Director-General of the Prime Minister's Office, to lead a team to work out how to expedite the closure of IDF camps in the country's center and free up land for building.

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