Defense Budget for 2015 Could Rise by NIS 11b to More Than NIS 70b

The total defense budget for 2014 — 51 billion shekels net plus revenue-continent expenses — came to 57.7 billion shekels.

Treasury officials expressed surprise earlier this month when Defense Ministry Director General Dan Harel spoke of an 11-billion-shekel ($3.2 billion) increase in next year’s defense budget, but it now seems that even before Operation Protective Edge defense officials had asked for a 10-billion-shekel budget hike. This, according to a senior defense official who spoke to TheMarker yesterday.