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Israeli Government Plans 25 Billion Shekel Boost to Defense Budget Ahead of Elections

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דווח לראשונה בWalla · Aug 18, 2026

מה קרה

Israel plans a 25 billion shekel emergency increase to its 2026 defense budget for urgent military procurement ahead of elections, raising the deficit but avoiding immediate tax hikes. The move, agreed by Netanyahu and Smotrich, will push the defense budget to a record 184 billion shekels and is expected to be approved next week despite opposition criticism of its timing. The Treasury warns the next government will face tough fiscal measures due to the budget breach.

01Israel plans a 25 billion shekel emergency increase to the 2026 defense budget next week.
02The defense budget will rise from 158 billion to about 184 billion shekels this year.
03The increase aims to fund urgent weapons and ammunition purchases for the IDF.
04No immediate tax hikes or ministry cuts are planned before the elections.
05The budget breach will raise the deficit from 3.3% to 4.6% of GDP in 2026.
06The Treasury warns the next government will face painful cuts and tax increases due to this breach.

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