Sunday, March 10, 2013

US Reduces Cut to Israel's Aid Package



by Zeev Klein

Cut is $150 million instead of $250 million, but Finance Ministry is still recommending that Prime Minister Benjamin Netanyahu trim Israel's defense budget by 4.5 billion shekels ($1.2 billion), starting with 1.5 billion shekels (about $403 million) in 2013.

The budget for Israel's Iron Dome missile interceptor will not be effected in the budget cuts.
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Photo credit: Dudu Grunshpan

Zeev Klein

Source: http://www.israelhayom.com/site/newsletter_article.php?id=7815

Copyright - Original materials copyright (c) by the authors.

1 comment:

Rhonda said...

Israel should not have to cut one dime/shekel from their military defense. They are surrounded by Muslim countries that want to annihilate them and wipe them off the map. The only reason they are still standing and surviving is because they DO spend much on their defense. That and God has their back...

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