Israeli Budget Row Halts Interceptor Missile Purchases: Report
4 Articles
4 Articles
Defense and finance ministries at odds over $4.9 billion transfer amid military funding crunch
Israel's Channel 13 television reported that the army is in disagreement with the Ministry of Finance over the non-transfer of budget funds. This situation affects the supply of interceptor missiles for air defense systems...
A budget dispute between the Israeli Defense and Finance ministries has reportedly frozen 15 billion shekels (approximately $4.92 billion) allocated to the military and halted missile purchases for air defense systems.
Economy: The Israel Defense Forces stopped the purchase of missile interceptors to replenish stocks spent during the war with Hamas, Hizbullah and Iran.
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