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May 13, 2013 6:34 am

Netanyahu Reduces Proposed Cut to Israeli Defense Budget

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Prime Minister Netahyahu at an Iron Dome battery. Photo: Avi Ohayon, GPO.

Israeli Prime Minister Benjamin Netanyahu ruled Monday that the Israeli defense budget will be cut by 3 billion shekels ($840 million), in lieu of the original 4-billion shekel ($1.1 billion) cut originally proposed by the Israeli Finance Ministry.

“I have decided to present the cabinet, and later on the Knesset, with a smaller cut to the defense budget to the tune of 1 billion shekels,” Netanyahu said. “This will not be made at the public’s expense. I would like to stress that the Israel Defense Forces, its soldiers, officers and weapons are vital to public security.”

Israel’s defensive front “keeps expanding and now includes the entire homefront—all of Israel,” Netanyahu said. “That is why we need the IDF to continue with its streamlining plans, but we also need more Iron Domes,” he said.

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