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On April 6, Selangor announced plans to revise its 2026 budget to alleviate living costs and support sectors affected by the escalating energy crisis. This decision is part of the government's efforts to address the repercussions of the ongoing war between the United States, Israel, and Iran.
In a controversial move, Israeli Finance Minister Bezalel Smotrich has taken control of the 2026 budget, leading to the resignation of the Director General of Finance. This development comes at a time when citizens are increasingly concerned about security conditions.
Economists have raised significant concerns regarding Israel's 2026 state budget, which they describe as a 'candy store' for politicians. The budget includes a massive security allocation and tax cuts without real reforms, raising fears of a looming economic crisis.
On Monday, the Israeli parliament approved the 2026 budget, which includes a significant increase in defense spending amid rising regional tensions and ongoing wars on multiple fronts. The budget was passed with a majority of 62 votes to 55.
The Israeli parliament has approved the state budget for 2026, which includes a significant increase in defense spending to address rising tensions with Iran. This budget will be financed through additional borrowing and cuts to civilian expenditures.
The Israeli parliament has approved the 2026 budget, which includes a significant increase in military spending amid ongoing regional tensions and the war against Iran. This decision reflects a clear division in opinions regarding government priorities.
The Israeli parliament has approved the 2026 budget, which includes a significant increase in defense spending reflecting the country's growing security concerns. This decision comes amid escalating tensions in the region.
The Israeli Knesset approved the state budget for 2026, allowing Prime Minister <strong>Benjamin Netanyahu</strong>'s government to avoid early elections. The budget, estimated at <strong>699 billion shekels</strong>, comes amid rising military tensions with <strong>Iran</strong> and <strong>Hezbollah</strong> in Lebanon.