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Israel’s govt plans to move funds from civilian to military spending over ‘Iran threats’ – report Israel’s govt plans to spend civilian funds on military due to ‘Iran threats’ – report
(about 2 hours later)
Israeli PM Benjamin Netanyahu plans to shift funds designated for civilian purposes to military spending to meet any threats from Iran, a government official said on Tuesday. Israeli PM Benjamin Netanyahu plans to shift funds designated for civilian purposes to military spending to counter any threats from Iran, a government official said on Tuesday.
Netanyahu, in a speech on Monday, did not specify the amount of the funds but said they needed to be moved “now,” Reuters reports. Netanyahu, in a speech on Monday, did not specify how much would be transferred but said it needed to happen “now,” Reuters reports.
The official made clear that no such shift was imminent, adding that until a 2020 budget is passed, no changes can be made to expenditure. The official made clear that no such redesignation was imminent, adding that until a 2020 budget is passed, no changes can be made to expenditure.
It is still unclear whether Netanyahu or his political rival Benny Gantz will form a new government or if a new voting will be needed after inconclusive elections in April and last month. It is still unclear whether Netanyahu or his political rival Benny Gantz will form a new government or if a new poll will be needed after inconclusive elections in April and last month.