Israel’s cabinet approves 2026 budget with a hefty $35 billion for defence
Israeli Foreign Minister Israel Katz | Photo Credit: Reuters Israel’s cabinet has approved the 2026 state budget, the Prime Minister’s office said on Friday (December 5, 2025), including 112 billion shekels ($35 billion) for defence, an increase from the 90 billion shekels budgeted in an earlier draft. The budget now heads to parliament for an…
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