Israeli Prime Minister Naftali Bennett, Finance Minister Avigdor Lieberman and Defense Minister Benny Gantz have agreed on a defense budget to be passed as part of the state budget for 2022: 58 billion shekels ($17.8 billion).
The ministers agreed that the defense budget would enable the Israeli military to equip and strengthen itself in light of current threats, with an emphasis on acquisitions from defense firms based in the Israeli periphery.
“The prime minister, finance minister and defense minister welcome the agreement and call on all ministers and ministries to reach understandings as soon as possible, so the state budget can be approved in an orderly manner in the Cabinet and the Knesset,” according to an official statement.
This report first appeared in Israel Hayom.