Lapid at Knesset 370.
(photo credit: Uriel Sinai/Reuters)
Defense Minister Moshe Ya’alon and Finance Minister Yair Lapid agreed on
Thursday to set up a joint working group to help determine the size of the
defense budget for 2013 and 2014.
The announcement came following a
meeting between the two ministers at the Defense Ministry in Tel
The agreement is a reflection of the “complex economic situation in
light of the deficit on the one hand, and the importance of security needs in
light of threats and regional changes on the other,” a statement by Ya’alon’s
A cut to the annual NIS 60 billion defense budget is
expected, possibly of over NIS 2b.
Ya’alon has in recent days stressed
his view that funds available for defense research and development must not be