60 billion: “Israeli” military struggles to secure funding after war with Iran

A deepening financial dispute between “Israel's” Defense Ministry, and the Finance Ministry is reportedly hindering  military operations and the replenishment of vital defense assets for the "Israeli" military, days after a ceasefire ended a 12-day war with Iran. 

In a YNET report, the “Israeli” Defense Ministry is said to seek an additional 60 billion shekels (~17.5 million dollars) to cover the costs of the war against Iran and Gaza; funds which were not allocated in the 2025 budget.

However, the Finance Ministry has reportedly refused to approve the additional funding, leading to significant delays in the “Israeli” military’s ability to procure essential munitions, including Arrow missile interceptors and protected vehicles for troops in Gaza.

Senior defense officials have accused the Finance Ministry of withholding funds that had already been approved by a joint commission.

Sources indicate that the Finance Ministry's reluctance stems from the increased call-up of “Israeli” reserve soldiers, a measure costing an estimated 1.2 billion shekels per month.

The dispute comes amidst revelations that Finance Minister Bezalel Smotrich was reportedly aware of plans for an attack on Iran and its potential economic ramifications.

The “Israeli” military currently faces an urgent need to replace outdated Hummer jeeps in Gaza, many of which have been damaged or struck by anti-tank missiles.

While 632 new jeeps have been ordered, the funds for their acquisition remain tied up. The military is also grappling with a shortage of Air Force munitions and Arrow missile interceptors, both critical for national defense against current threats and potential future escalations – the report by YNET added.