BREAKING NEWS

IDF cancels annual fundraiser

The IDF on Sunday announced the cancellation of its annual Hanukka fundraiser aimed at raising cash from companies.
The decision to cancel the fundraiser, known as the Shiruttrom, came after the military's personnel division came to the conclusion that it was "no longer necessary or relevant," the IDF Spokesman's Unit said.
In recent years, companies that have vowed funds have failed to transfer money, Channel 10 said in a report, adding that the amounts that were received did not contributed to soldiers significantly.
Since 1979, the fundraiser has been held every year, and broadcast on television and radio. Leading musicians featured in the program.
In 2011, some 19 million shekels were raised, according to the Association for the Solder in Israel. The highest amount was raised in 2006, when 33 million shekels were donated.
In place of the fundraiser, the IDF plans to organized an event to honor combat soldiers that will not involve raising cash.