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  Cheshvan 24, 5772 , 21/11/11

Steinitz: No Room to Expand Defense Budget

Finance Minister Yuval Steinitz told the Knesset Foreign Affairs and Defense Committee, Monday, that there was no room for expanding the Defense Ministry's budget any further. During a review session on budget priorities, the committee's former chairman said the only things that could expand the budget beyond the Brodet Commission's guidelines on the defense budget were "all out war in the Middle East on the scope of the Yom Kippur War, not against terror organizations, or a serious financial crisis that could lead to negative per capita growth, that is, less than two-percent growth."

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Other archived news briefs:Nov 21 2011, 10:37 AM, 11/21/2011