News Briefs

  1/10/2012, Tevet 15, 5772

Finance Com Approves NIS 150M Loan to Military Industry

The Knesset Finance Committee approved, Tuesday, a loan of 150 million shekels to Israel Military Industries (IMI) as part of IMI's privatization program.

Combined with a NIS 150 million advance from the Defense Ministry for strategic purchases in 2012, the company will get a total of 300 million shekels.