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More Budget Cuts Sought

November 4, 1971
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Defense Minister Moshe Dayan offered his lowest budget proposal for the coming fiscal year at a meeting of the Ministerial Committee on Economic Affairs last night but Finance Minister Pinhas Sapir is seeking still further cuts. Dayan, who was accompanied at the meeting by Chief of Staff Chaim Bar-Lev and his deputy, Lt. Gen, Zvi Tsur, suggested a defense budget for fiscal 1972 of $2.5 billion. But the committee faces the task of reducing the budget estimates of all Ministries from $8.19 billion to $6.8 billion which, according to Sapir, is the maximum sum the Treasury can raise.

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