Israel set to settle next defense budget, Lapid proposing cuts of up to NIS 4 billion
Lapid is expected to ask for a NIS 4 billion cut in the defense budget, while defense officials are expected to ask for NIS 2 billion to NIS 3 billion in additional funding.
Finance Minister Yair Lapid, Defense Minister Moshe Ya’alon and Prime Minister Benjamin Netanyahu will discuss Israel's defense budget on Sunday, with Netanyahu expected to make a decision on the issue. The cabinet will begin discussing the budget and the accompanying Economic Arrangements Law on Monday and vote on the matter Tuesday morning.
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