Budget-strapped Israeli military banks on future U.S. aid


  • World
  • Friday, 09 May 2014

JERUSALEM (Reuters) - Budget-strapped Israel is pressing the United States to conclude a deal extending defence aid beyond 2017, when Washington's current $3 billion annual payouts to its Middle East ally expire, officials said on Friday.

They said a swift agreement on future U.S. grants would help Israel's military draft a five-year austerity plan accommodating Prime Minister Benjamin Netanyahu's conservative government.

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