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'Israeli' government approves 2.6 billion shekel budget reallocation to boost defense spending

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Published :  
8 hours ago|
  • The 'Israeli' cabinet authorized the measure to fund defense procurement and security operations
  • The budget cuts will impact public services, including education, healthcare, and infrastructure.

The 'Israeli' government has approved a plan to cut 2.6 billion shekels (840,159,840$) from ministry budgets to reallocate the funds toward the defense establishment, according to a report by 'Israel's' Channel 12.

The decision involves an approximate 4.9% reduction across civilian government departments.

The cross-ministry budget cuts will affect various public portfolios, including health, education, transport, and local authorities.

Government officials cited security priorities as the primary rationale for the measure, while economic observers note the adjustments reflect ongoing fiscal pressures associated with defense requirements.