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Israel Boosts Defense Budget by NIS 30.8 Billion Post-War

9/29/2025

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Story summary
  • Knesset approves an additional NIS 30.8 billion for defense spending on September 29, 2025, to cover personnel and security operations.
  • The move follows Israel's 12-day war with Iran in June and the Gaza conflict, and Bezalel Smotrich emphasized wartime army needs.
  • The deficit cap was raised to 5.2% of GDP.