Following the prolonged campaigns in Iran and Lebanon and unplanned missions in Gaza and Judea and Samaria, the defense budget faces a 40 billion shekel shortfall. The Finance Ministry has agreed, after discussions, to immediately transfer about 15 billion shekels to partially close the gap.
The Finance Ministry has agreed to immediately transfer approximately 15 billion shekels to the defense budget, according to a report from an Israeli journalist (Yossi Yehoshua). The partial allocation comes after deliberations within the ministry to address a severe 40 billion shekel shortfall caused by the prolonged wars in Iran and Lebanon, as well as unplanned missions in Gaza and Judea and Samaria. The remaining gap of roughly 25 billion shekels is still under discussion.
As The Zioneer previously reported (July 2), the Finance and Defense Ministries had reached progress in talks, with an agreement to transfer 15 billion shekels immediately and the remainder later this year in installments. The Defense Ministry has warned of 'dangerous' delays to long-term military buildup, and the National Security Council had decided on a gradual 40 billion shekel increase to the 2026 defense budget. This immediate transfer appears to be the first installment of that broader plan.
2 developments
- DevelopingIsrael's Defense Ministry seeks 40-50 billion shekel annual budget increase
- DevelopingNetanyahu orders 350 billion shekel increase to defense budget over the next decade
- DevelopingNetanyahu approves tens of billions in defense budget increases
- DevelopingState Comptroller: unprecedented 30-billion-shekel budget changes approved in a single month
Source and signal
- Internal intake