BREAKING NEWS

Steinitz: Defense will give up NIS 700m. to education

By NADAV SHEMER

JANUARY 4, 2012 16:27

This year’s defense budget will be cut by NIS 700 million in order to fund free education for children aged 3-4, Finance Minister Yuval Steinitz said Wednesday.

His promise comes after weeks of speculation that the government was planning to abandon completely the NIS 3 billion shekel defense budget cut recommended by the Trajtenberg Report on socioeconomic change.

The report, which was issued in response to last summer’s protests over the cost of living, recommended introducing free education for children aged 3-4 and after-hours education care for children aged 3-9. It said the measure should be partly funded through cutting the defense defense by NIS 3 billion each year from 2012-16.

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