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Ongoing Story· Day 56

Israel Faces Massive Budget Deficit Due to Defense Spending Hike

2 developments

TheMarkerPolitics

Netanyahu's Office Prepares Budget Exceeding 2026 Limits for Defense

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 1 newsroom

Prime Minister Netanyahu's office is drafting a new budget for 2026, excluding the Ministry of Finance. The proposal aims to increase defense spending by NIS 10-20 billion, potentially widening the deficit. This action may seek to obligate a future government to a larger defense budget.

The story in 4 lines · by baba

  • Netanyahu's office is preparing a new 2026 budget proposal without the Finance Ministry.
  • The proposal aims to exceed the 2026 budget by NIS 10-20 billion for defense.
  • The increased spending is expected to be financed by a larger deficit.
  • This move could bind the next government to a higher defense budget.

Prime Minister Netanyahu's office is preparing a new budget proposal for 2026 that bypasses the Ministry of Finance. This proposal is expected to exceed the 2026 budget framework by NIS 10-20 billion for defense needs, with the increase likely to be financed by a larger deficit. The move appears to be an attempt to create a future budgetary commitment that could bind the next government to a higher defense budget.

TheMarkerOther · Tel Aviv

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