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Israeli Government Faces Budget Chaos Over 85 Billion Shekel Defense Funding Gap
Israel's government faces a budget crisis over an 85 billion shekel gap in the 2026 defense budget amid disputes between the Defense and Finance Ministries. The Defense Ministry demands increased funding citing security risks, while the Finance Ministry warns of financial instability.
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What happened
- 01Israeli government struggles to approve 85 billion shekel defense budget increase for 2026 and beyond.
- 02Defense Ministry warns budget shortfall threatens national security; Finance Ministry fears economic risks.
- 03Prime Minister Netanyahu authorized a 15 billion shekel one-time supplement and 1.5 billion for disabled veterans.
- 04Defense budget demands have risen due to ongoing conflicts, surpassing initial recommendations.
- 05Legal approval needed to advance budget legislation during elections remains pending.
- 06Defense Ministry attempted to defer expenses beyond official budget limits, raising transparency concerns.
Mediation efforts continue as legal and political hurdles delay budget approval during the election period.
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