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Ongoing Story· Day 2

Israel Approves $270 Million for Urgent Defense Procurement

15 developments

Kan NewsPolitics

Israeli Government Approves 5% Budget Cuts Across Ministries

Translated & summarized from Kan News by baba

PublicNeutral tone

Hebrew · 2 newsrooms covering

The Israeli government will implement a 5% budget cut across most ministries, totaling about 2.6 billion shekels, to fund urgent defense procurement. The Ministry of Education will lose 285 million shekels and the Ministry of Health 150 million shekels. The decision overrides recommendations from the professional finance staff to cut coalition funds instead. The government also approved its 2026 budget, facing opposition from three ministers.

The story in 5 lines · by baba

  • Israeli government approves 5% budget cuts across ministries, totaling 2.6 billion shekels.
  • Funds are earmarked for urgent defense procurement, agreed upon by finance and defense ministries.
  • Ministry of Education will lose 285 million shekels, Ministry of Health 150 million shekels.
  • Professional finance staff recommended cutting coalition funds instead of broad ministry cuts.
  • The government also approved the 2026 budget, with three ministers dissenting.

The Israeli government is set to approve a sweeping 5% budget cut across most ministries, totaling approximately 2.6 billion shekels, with the exception of the Ministry of Defense. The decision, reported Thursday evening by Kan News, will divert funds for "urgent defense procurement" and was agreed upon by the finance and defense ministries. Specifically, the Ministry of Education will lose 285 million shekels, the Ministry of National Security 225 million shekels, the Ministry of Health 150 million shekels, and the Ministry of Welfare 140 million shekels. This move comes despite recommendations from the professional echelon at the Ministry of Finance to cut coalition funds instead of implementing broad reductions. The political leadership, however, did not accept this recommendation. The government also approved the 2026 budget, with three ministers voting against it.

Kan NewsCentre · Jerusalem

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Full coverage · 2 outlets
First: Kan News · 3h ago

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