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Israel Seeks $2.2B Boost for Military Readiness

11/12/2025

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Summary

Story summary

Israel's Defense Ministry is seeking an additional 7 billion shekels ($2.2 billion) for 2026 to bolster military readiness against Iranian threats.
The proposed budget totals 144 billion shekels ($44.7 billion), with 100 billion shekels ($32 billion) already allocated.
Defense Ministry Director Amir Baram criticized the Finance Ministry for delaying essential procurement, which he claims undermines urgent security needs.
The Finance Ministry contends that the defense establishment mismanages funds and warns that excessive spending may lead to economic stagnation.
The government will review the 2026 budget on December 4.

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Story summary

Israel's Defense Ministry is seeking an additional 7 billion shekels ($2.2 billion) for 2026 to bolster military readiness against Iranian threats.
The proposed budget totals 144 billion shekels ($44.7 billion), with 100 billion shekels ($32 billion) already allocated.
Defense Ministry Director Amir Baram criticized the Finance Ministry for delaying essential procurement, which he claims undermines urgent security needs.
The Finance Ministry contends that the defense establishment mismanages funds and warns that excessive spending may lead to economic stagnation.
The government will review the 2026 budget on December 4.