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Knesset to Review Controversial 2026 Budget Amidst Instability

1/26/2026

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Story summary
  • The Knesset (Israel's parliament) will hold a first reading of Israel's 2026 budget totaling NIS 662 billion on Monday.
  • If the budget is not approved by end-March, Opposition leader Yair Lapid calls the budget wasteful and warns of elections.
  • The government remains unstable after haredi parties exited negotiations over a conscription draft bill.
  • Discussions on the draft bill will continue as the government seeks to advance it alongside deliberations.