Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich have decided to advance a multi-year defense budget supplement, allocating tens of billions of shekels for urgent munitions and defense procurement, despite the Knesset's dissolution. MKs will vote on the measure in three readings, according to a report by Yuval Sadeh (N12).
Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich have decided to advance a multi-year supplement to the defense budget, allocating tens of billions of shekels for urgent procurement of munitions and defense equipment, according to journalist Yuval Sadeh (N12). The decision comes despite the dissolution of the Knesset; MKs will vote on the measure in three readings.
The urgency is driven by the need to replenish munitions stocks and accelerate defense procurement amid ongoing security challenges. The specific amount of the supplement has not been disclosed in the report, but it is described as 'tens of billions.'
The move is the latest in a series of defense budget discussions. As The Zioneer has reported, a 350 billion shekel increase over the next decade was previously announced, and the National Security Council had recommended a 40 billion shekel gradual increase for the 2026 budget. The current decision signals an effort to bypass the budgetary gridlock caused by the Knesset's dissolution.
3 developments
- StrongFinance Ministry greenlights immediate 15b shekel transfer to defense budget
- DevelopingIsrael's Defense Ministry seeks 40-50 billion shekel annual budget increase
- DevelopingDefense Ministry reportedly secures significant budget boost, overcoming Finance Ministry objections
- DevelopingNetanyahu approves tens of billions in defense budget increases
Source and signal
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