Economy · Full coverage
Israel’s 2025 Budget Gap Nears 100 Billion Shekels as War Costs and Debt Service Rise
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
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By יובל שדה, ליאור באקאלו, יובל שדה, ליאור באקאלו
First reported by Globes · Jun 24, 2026
What happened
Israel ended 2025 with spending of about 650 billion shekels and revenue of about 552 billion, creating a near 100 billion shekel deficit. War costs, rising debt service, and higher borrowing are putting pressure on future taxes and public services.
- 01Government spending in 2025 reached 650 billion shekels, about 100 billion above revenue.
- 02War spending since October 7, 2023 totaled 231 billion shekels by end-2025.
- 03Interest payments rose 18% to nearly 50 billion shekels in one year.
- 04The Finance Ministry reported a 4.7% deficit, while the CBS puts it at 5.2% of GDP.
- 05Higher tax revenue improved the deficit, but did not reduce spending.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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