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Israel's Budget Faces Crisis: $400M Cut Looms

3/17/2025

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Summary

Story summary

The Knesset Finance Committee has greenlit over NIS 300 million for the Ministry of Settlements and National Missions, as part of a larger NIS 3.6 billion budget pending legal approval. However, a legal opinion could slash NIS 400 million from Torah institutions, making it crucial for the budget to pass by month-end to prevent elections in Israel.

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Story summary

The Knesset Finance Committee has greenlit over NIS 300 million for the Ministry of Settlements and National Missions, as part of a larger NIS 3.6 billion budget pending legal approval. However, a legal opinion could slash NIS 400 million from Torah institutions, making it crucial for the budget to pass by month-end to prevent elections in Israel.