Knesset allocates hundreds of millions in budget surplus to coalition funds

MK Moshe Gafni leads a Finance Committee meeting at the Knesset in Jerusalem, on June 12, 2023. (Yonatan Sindel/Flash90)
MK Moshe Gafni leads a Finance Committee meeting at the Knesset in Jerusalem, on June 12, 2023. (Yonatan Sindel/Flash90)

The Knesset Finance Committee allocates NIS 10.1 billion ($2.7 billion) in surplus funds from the 2023 budget to the 2024 budget.

Channel 12 news notes that hundreds of millions will go to discretionary funding promised to various coalition parties as part of political deals, eliciting criticism from the opposition, which says any surpluses should be diverted to national needs amid the war.

Key discretionary allocations include: NIS 302 million to the National Missions and Settlements Ministry of Orit Strock, doubling its budget; NIS 23 million to the Jerusalem Affairs Ministry held by United Torah Judaism; and NIS 95 million to various ultra-Orthodox educational frameworks.

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