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Israel Approves $700 Million Budget Cut for Defense Purchases
The Israeli government approved a 2.6 billion shekel budget cut across civilian ministries for defense purchases, in addition to a prior approval for Apache helicopters. Finance Minister Bezalel Smotrich proposed a 4.9% cut from each ministry's 2026 budget, a decision not attended by Prime Minister Benjamin Netanyahu.
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What happened
- 01Israel's government approved a 2.6 billion shekel budget cut for defense procurement.
- 02The funds will be transferred from civilian ministries to the Ministry of Defense.
- 03Each ministry will face a 4.9% budget reduction for the year 2026.
- 04The decision follows a prior approval for the purchase of 12 Apache helicopters.
- 05The Finance Ministry's legal advisor noted the sensitivity of the decision during elections.
- 06Sources warned that defense budget increases could negatively affect civilians.
The move faces scrutiny due to its timing during an election period, with warnings that defense spending could impact civilian services.
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