9 Hrs
Source:
عربي21
Israeli View of Aid Cut
A Maariv correspondent viewed Donald Trump’s announcement that he and Benjamin Netanyahu had agreed to end the $4 billion in annual U.S. military aid as not the end of the story. The terms of the agreement remain unclear, while Israel’s Finance Ministry has prepared scenarios for dealing with it. The correspondent said that ending the aid could strengthen the independence of Israel’s military industries, since U.S. support has at times limited domestic production and exports. According to the report, Israel is planning a 350 billion shekel arms program over ten years, covering aircraft, ships, submarines and the strengthening of ground forces. Its priorities include countering Iran, protecting the borders, and maintaining technological and space superiority. The plan’s funding sources include 100 billion shekels in savings from streamlining defense spending, the public offering of shares in Israel Aerospace Industries, and increased exports.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)