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Cabinet Approves National Budget

December 21, 1982
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The Cabinet approved the 535 billion Shekel national budget for fiscal year 1983-84 requested by Finance Minister Yoram Aridor by a majority vote today. Defense Minister Ariel Sharon and Energy Minister Yitzhak Modai dissented and Minister of Science Yuval Ne’eman abstained.

Sharon demanded an additional 5.5 billion Shekels for the defense budget. Modai objected to the budget proposal on grounds that there was no coherent economic policy behind it. The draft budget will go to the Knesset for its first reading next month.

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