Latest news and articles about Israeli budget from NEX English
The Israeli Ministry of Finance has reported that the direct cost of the attack on Iran is estimated at around <strong>35 billion shekels</strong>, equivalent to approximately <strong>$12 billion</strong>. However, other analyses suggest that the actual figure may be higher, raising concerns about the financial implications of this military action.
The Israeli government has announced a new budget for 2024 that clearly overlooks the needs of its citizens, sparking widespread discontent among economically burdened groups. This budget, revealed at a sensitive time, reflects an imbalance in resource distribution.
The Israeli parliament has passed a new budget, providing Prime Minister Benjamin Netanyahu with a chance to avoid early elections. This decision follows weeks of intense political discussions amidst internal and external tensions.
The Israeli Knesset voted on the 2026 budget, which includes a significant increase in defense spending, negatively impacting health and education budgets. The defense budget is expected to rise by approximately <strong>$10 billion</strong> amid escalating military tensions in the region.