Subscribe to Print Edition | Sat., December 29, 2007 Tevet 20, 5768 | | Israel Time: 02:12 (EST+7)
Haaretz israel news English
web haaretz.com
  Back to Homepage
Rosner's Domain
Diplomacy
Defense Jewish World Opinion National
Print Edition
Advertising
Books Arts & Leisure Business Real Estate Easy Start Travel Week's End Anglo File Magazine
del.icio.us
Digg It!  new
Last update - 02:04 28/12/2007
Another record year for defense spending in 2008
By Zvi Zrahiya, Haaretz Correspondent
Tags: Defense budget 

The defense budget for 2008 will be NIS 51.3 billion, thereby setting yet another new record for defense spending.

This figure represents over 16% of the entire NIS 314 billion state budget for next year, which the Knesset approved yesterday after passing the accompanying Economic Arrangements Law the day before. It also represents about 7% of gross domestic product.
Advertisement
Of this sum, NIS 4.3 billion will go for pensions for those who have retired from the military, up from NIS 3.9 billion in 2007. Another NIS 1.2 billion is earmarked for the separation fence, and NIS 1.2 billion for bereaved families, widows and memorials for the fallen.

In total, 40.7% of the defense budget goes for personnel, 23.5% for equipment and 35.8% for operations and miscellaneous costs.

But compared to other militaries around the world, Israel's spending on manpower is low. The Italians spend 85.1% of their defense budget on personnel, Germany 58.5%, France 56.3% and Britain 42.1%.

The base defense budget for 2008 is only NIS 49.35 billion, as recommended by the Brodet Committee on defense spending. However, in the last quarter of 2008, the Defense Ministry will also be able to use $150 million of the U.S. military aid for 2009.
Bookmark to del.icio.us
Who shot Bhutto?
Conspiracy theories over the assassination of the Pakistani opposition leader abound.
Obama and Israel
Israelis following the U.S. elections are not clear on Obama's approach.
  1.   unnecessary 13:18  |  Leona 28/12/07
  2.   Ouch! My aching purse! 14:13  |  Natallie Durson 28/12/07
  3.   costing 16:17  |  Spinoza Machievelli 28/12/07
 Today Online
2 Israelis killed, one hurt in W. Bank shooting attack
Responses: 228
Benn, Rosner: Israel needs a 'Rice bypass road' to White House
Responses: 134
PM to Abbas: Israel will not undermine peace efforts
Responses: 83
Akiva Eldar: Peace deal must start with prisoner release
Responses: 71
IDF kills former PA premier's bodyguard during W. Bank raid
Responses: 81
New version of old defense group guards Jewish farmlands
Responses: 37
Rosner's Domain
Rosner's Mailbox: Why should Ron Paul care about Israel?
The blog and the Jews (WTR)
An exacerbated tension between Olmert and Rice
Poll: The most likely event to happen in 2008


More Headlines
23:15 2 Israelis killed, one hurt in W. Bank shooting attack
18:42 PM announces intention to change building permits
01:25 Pakistan says Al-Qaida behind assassination of Benazir Bhutto
22:03 Some U.S. candidates warn: The real danger is Pakistan, not Iran
21:05 Court rules painting auctioned by Nazis belongs to Jewish man
11:57 PM to Abbas: Israel won't undermine final status talks
11:10 Russia denies plans to deliver long-range S-300 missiles to Iran
18:51 IDF kills former PA premier's bodyguard during W. Bank raid
18:58 Police probe disappearance of holy relic from Rachel's Tomb
14:10 Abbas to get armored vehicles but without guns mounted on them
Previous Editions
Special Offers
Advertisement
Inbal Jerusalem Hotel
Unbeatable rates at the Finest hotel in Jerusalem
Invest in Macedonia
New Business Heaven in Europe
Long-term Israel programs
MASA is your gateway. More programs. More grants.
Eldan Rent a Car
Israel's leading car rental company offers you a 20% discount on all online reservations
Dead Sea Salt
Beauty and skin care from the Dead Sea. Coupon code HAARETZ for 10% off!
Holiday Inn and Crown Plaza Israel
Lowest internet rate Guaranteed at ichotelsgroup.com !
Home| TV| Print Edition| Diplomacy| Opinion| Arts & Leisure| Sports| Jewish World| Underground| Site rules|
© Copyright  Haaretz. All rights reserved