Best News Network

Coalition parties eye budget bonanza for yeshivas, settlements

According to a report by Channel 12 News reporter Keren Marziano, the main beneficiaries are the haredi parties.


The distribution of money to the coalition partners in the forthcoming state budget is expected to include an additional NIS 2.5 billion to support haredi (ultra-orthodox) yeshivas, NIS 125 million for haredi Jewish culture, NIS 160 million for construction of buildings for religious purposes, a further NIS 160 million for haredi schools exempt from the national curriculum, and many other budgets to meet demands by coalition parties, the most prominent being items demanded by the haredi parties, Channel 12 News reporter Keren Marziano reported yesterday evening.

Other items in the draft of the distribution of funds for spending by coalition parties are for the benefit of the Religious Zionist party, headed by Minister of Finance Bezalel Smotrich. For example, the Ministry of National Missions headed by Orit Strook of Smotrich’s party will receive a string of budgets, among them NIS 404 million for the settlements division, NIS 100 million for Jewish culture, NIS for Jewish identity, and many other items.

Besides Shas, United Torah Judaism, and the Religious Zionism party, the Otzma Yehudit (Jewish Power) party headed by Minister of National Security Itamar Ben-Gvir has not been deprived in the coalition agreements, The draft distribution of coalition party funds states that the Ministry of National Security will be allocated NIS 302 million in 2023 and NIS 880 million in 2024 “for the purposes of advancing a program for strengthening national security in order to bolster security in the public space that will include among other things strengthening, equipment procurement and construction in the Israel Police and expansion of the Border Guards.”

Published by Globes, Israel business news – en.globes.co.il – on May 8, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.



Benjamin Netanyahu and Bezalel Smotrich  credit: Alex Kolomoysky Yediot Ahronot

Benjamin Netanyahu and Bezalel Smotrich credit: Alex Kolomoysky Yediot Ahronot

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.