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.