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Israel Allocates $2.6 Billion for Urgent Defense Needs

3/15/2026

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Story summary
  • The Israeli government approved an emergency allocation of 2.6 billion shekels for the Defense Ministry to meet urgent needs amid the Iran conflict.
  • The funding was approved through a ministerial referendum to replenish depleted weapons stockpiles and support defense procurement.
  • The conflict's intensity is shown by over 11,000 weapons deployed against Iranian targets.
  • Prime Minister Benjamin Netanyahu is working to expedite the budget approval and may include increased defense spending.