Treasury plans shorter IDF compulsory service
The Ministry of Finance wants 28 months army service for men and plans paying NIS 5,000 for each of the final four months.
Prof. Avi Ben-Bassat told "Globes," "The Ministry of Finance will implement the reform because it wants it. They understand how important it is. It is my belief that they will implement it in full. That's my impression from the most recent conversations that I have had."
Prime Minister Benjamin Netanyahu has set Wednesday of next week, August 15, for a major debate on the discussion of the defense budget. Under the proposed plan to shorten national service, as recommended by the government as long ago as 2006, those soldiers that serve 28 months will receive "loyalty remuneration" similar to other 21 year-old workers in the economy of about NIS 5,000 per month. In exchange for this shortening of conscripted service, the IDF will receive an additional budget previously agreed between the Ministries of Defense and Finance.
Published by Globes [online], Israel business news - www.globes-online.com - on August 7, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012
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