Israeli Cabinet Approves $2.8 Billion Budget for Potential Strike against Iran

The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)
The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)
TT

Israeli Cabinet Approves $2.8 Billion Budget for Potential Strike against Iran

The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)
The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)

The Israeli government approved a multiyear draft general budget, to include an increase by around USD2.8 billion for a potential strike against Iran, following 36 hours of deliberations.

Prime Minister Benjamin Netanyahu boasted of approving the budget, saying that an agreement was reached on a multi-year plan for the security services and the army.

He pointed to the importance of the agreement, which he said was made unanimously with Defense Minister Yoav Gallant and Finance Minister Bezalel Smotrich, “with a little help on my part.”

Netanyahu explained that the budget would bring about a change in the course of military service, and in rewarding soldiers for service. He said that it would provide the appropriate financial reward for soldiers and officers, while shortening the period of service in order to reduce the period of engagement in the labor market, which he said constituted a tremendous change for Israel’s security and for the Israeli economy.

The budget approval comes two days after Ted Colbert, president and CEO of Boeing Defense, Space & Security, announced in Tel Aviv that Israel had requested the purchase of 50 F-15EX aircraft, and the modernization of all F-15 fighters.

Israel is planning to ask the US to sell its new 5,000 pound GBU-72 bomb to the Israeli army. The bomb weighs 5,000 pounds and can be used to strike underground Iranian nuclear sites.

The Israeli army had obtained USD1.5 billion in the 2021 budget to purchase weapons for the possible war with Iran. This year, it requested an additional USD3 billion, of which it obtained USD2.8 billion.



G7 Statement will Not Mention ICC Warrant for Netanyahu

Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo
Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo
TT

G7 Statement will Not Mention ICC Warrant for Netanyahu

Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo
Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo

A joint statement of Group of Seven foreign ministers is set to avoid mentioning the International Criminal Court's (ICC) arrest warrant for Israeli Prime Minister Benjamin Netanyahu, despite an effort by the Italian hosts to find a common position on it.

Italy, which currently chairs the G7, said on Monday it wanted to try to forge a common position about the ICC arrest warrant at a two-day meeting it hosted in the spa town of Fiuggi and which ended on Tuesday.

A draft of the final statement due to emerge from the discussions, reviewed by Reuters, did not directly name the ICC and its decisions.

"In exercising its right to defend itself, Israel must fully comply with its obligations under international law in all circumstances, including International Humanitarian Law," it said.

"We reiterate our commitment to International Humanitarian Law and will comply with our respective obligations," the statement added, stressing "that there can be no equivalence between the terrorist group Hamas and the State of Israel".

Last week, the ICC issued arrest warrants for Netanyahu and his former defence chief Yoav Gallant, as well as a Hamas leader, Ibrahim Al-Masri, for alleged war crimes and crimes against humanity in the Gaza conflict.

The move was strongly criticized by the United States but other states including Britain and Italy did not rule out that they could make an arrest if Netanyahu visited their countries.

Israel condemned the ICC decision as shameful and absurd. Hamas praised it as a step towards justice.