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December 28, 2021 9:04 am

Knesset Approves Billions in Extra Defense Spending for ‘Classified Objectives’

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A general view shows the plenum at the Knesset, Israel’s parliament, in Jerusalem, May 29, 2019. Photo: Reuters / Ronen Zvulun.

JNS.org – The Knesset Finance Committee approved a NIS 1.5 billion ($481 million) budget addition to the 2021 defense budget on Monday, after approving an additional NIS 7.4 billion (2.37 billion) on Thursday, according to Calcalist.

The near NIS 9 billion ($2.89 billion) cash injection have been categorized as going towards classified objectives, the report said, adding that “details about the transfers will be given only to the Joint Defense Budget Committee.”

Knesset Members who asked why the additional funds were not included in the state budget approved on Nov. 4 were told that the decision was only taken in recent weeks, according to the report.

In July, the government approved a NIS 58 billion ($18.6 billion) defense budget for 2022 – seven billion shekels more than the 2021 budget.

At that time, the Defense Ministry requested a 9 billion shekel increase, including 3 billion to cover the costs of May’s Operation Guardian of the Walls against Hamas.

The new Israeli defense budget will enable Israel to develop new tools, operational plans and technologies to take on “all threats we face,” Defense Minister Benny Gantz said, days before it was passed in November.

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