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Israel To Trim 2014 Budget To Cover War Cost, Boost MoD – SOFX
The Israeli government is planning an immediate 2 percent retroactive cut to its 2014 budget to help cover the estimated US $2.5 billion cost of a summer of war. Under the Aug. 31 Cabinet-approved plan, across-the-board cuts will apply to all ministries except MoD to underwrite unplanned costs of a two-week ground operation in the ...