Barak: Defense budget decreasing as percentage of GNP

By JPOST.COM STAFF
November 24, 2011 22:27

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Defense Minister Ehud Barak spoke Thursday of challenges being faced by a decrease in the defense budget and reiterated the need to look at the wider picture.

"When it comes to the defense budget, we are facing a challenge because of the reality that surrounds us. What we need is to see the big picture," the defense minister said during a speech at a lawyers conference in Tel Aviv.

"The defense budget of the State of Israel is decreasing as a percentage of gross national product (GNP) and as a percentage of the state budget. When I was head of the Planning Directorate, 30 years ago, the defense budget was about 16 percent of GNP and it is now less than 6% of GNP and is continuing to fall," he said.

Related Content

Breaking news
July 19, 2018
Report: Israel and Hamas reach understanding to refrain from war

By JERUSALEM POST STAFF