Israel Approves Significant Increase in Defense Spending Budget
Israel's parliament has approved the 2026 budget, which includes a substantial increase in military spending as the country continues to engage in wars on multiple fronts.
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Israel adds US$10 billion to its war chest with defence budget increase
Israel’s parliament approved the country’s 2026 budget early Monday, providing for a significant increase in military spending as the country remains engaged in wars on multiple fronts. Lawmakers passed the budget with 62 votes in favour and 55 against. The vote averted an automatic government collapse and snap election that would have followed failure to pass the budget by March’s end, under Israeli law. The proposed total expenditure budget for 2026 amounts to around 850 billion Israeli...
By Agence France-Presse
Read full article →Israel increases defense spending budget
Israel's parliament approved the 2026 budget early Monday, providing for a significant increase in military spending as the country remains engaged in wars on multiple fronts. Lawmakers passed the budget with 62 votes in favour and 55 against. The vote averted an automatic government collapse and snap election that would have followed failure to pass the budget by March's end, under Israeli law. The proposed total expenditure budget for 2026 amounts to approximately 850 billion Israeli shekels (
By The Korea Herald
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