Delays in Defense Cuts Threaten to Hold Up Israel’s 2013-14 Budget

Security cabinet was supposed to reach an agreement on the details of the NIS 3 billion in spending reductions in June, but it is now expected to meet on the issue only later this month.

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Failure to reach a final decision on cuts in defense spending could lead to a delay in the Knesset's approval of the 2013-14 budget.