Kahlon, Ya’alon sign deal paving way for 5-year defense budget

Finance Minister Moshe Kahlon and Defense Minister Moshe Ya’alon on Wednesday signed a memorandum of understanding paving the way for a five-year defense budget plan, upending years of rancor between the defense and finance establishments.

Ya’alon said the agreement was "significant and very important" for the defense establishment.

"In recent years, the defense ministry and IDF worked under the veil of uncertainty and the inability to plan long-term processes in building forces, training, readiness, equipping, investing in people, in technology and in national social projects," he said. The agreement would change that, he continued.

Source: http://www.jpost.com/Israel-News/Kahlon-Yaalon-sign-deal-paving-way-for-5-year-defense-budget-434536

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