Israel to cut $223bn from ministries’ budgets to pay for defence ministry

Israeli government is to cut 800 billion shekels ($221.7 billion) from the budgets of its ministries and transfer the funds to the Ministry of Defence, Channel 2 reported yesterday.

According to an Israeli defence institute, the defence ministry needs money to continue building the separation wall along the eastern side of the Gaza Strip.

The Israeli government is planned to approve the measure during the next weekly meeting which takes place on Sunday, Al-Wattan Voice reported.

In addition, Israeli TV said that the government would approve more cuts estimated at 700 billion shekels ($194 billion) after the elections in September to pay for the deficit in the budget of the defence ministry.

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