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Israel Approves NIS 2.6B Cuts for Defense Procurement

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Story summary
  • Israeli government approved NIS 2.6 billion ministry cuts to fund urgent defense procurement.
  • The cuts lower ministry budgets by 4.9 percent, affecting education, health, welfare and transportation.
  • The decision came nine days before the Oct 27 election.
  • The government allocated NIS 1 billion for Apache helicopters, largely taken from an Arab-sector development plan.
  • Opposition leader Yair Lapid said the cuts harm welfare and could be funded from coalition funds.