Cut in Budget

For the Second Time: Knesset Announces Another Cut in Budget

Amir Ohana informed the Ministry of Finance that the Knesset will cut an amount of 121 million NIS from its budget for the coming year for the benefit of the war effort; which will be added to the 80 million NIS already cut at the beginning of the war.

Bentzi Rubin

JAN 10, 2024 16:31

2 min read

Knesset Speaker Amir Ohana informed Finance Minister Bezalel Smotrich today (Wed) that he has decided to cut an amount of NIS 121 million from the Knesset budget for 2024, which will be transferred to the state treasury for the benefit of the war effort.

This is the second cut in the last two months in the Knesset's budget, which joins Ohana's previous decision to cut 80 million NIS. The total of cuts from the Knesset's budget since the beginning of the war and for the benefit of its efforts is 201 million NIS.

The issue will be forwarded to the approval of the joint committee regarding the Knesset budget for implementation. The Knesset stated that this is a cut that should not harm the continuation of its vital and ongoing activities.

Knesset Speaker Amir Ohana: "The State of Israel is in one of its most challenging and difficult moments as a nation. The channeling of all possible resources to the success of the military move and the success of the enormous economic challenge that we face as a society are a necessary step that the entire Israeli society should commit to. At this critical hour, there is nothing more important than combining forces between all parts of the state and society and devoting all resources to achieving the goals of the war and restoring the economy."

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