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Netanyahu Raises Defense Budget to NIS 400 Billion, Reopens 2026 Budget

8/9/2026

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Summary

Story summary

Prime Minister Benjamin Netanyahu ordered the 2026 budget reopened and the defense plan raised to NIS 400 billion from NIS 350 billion.
The Knesset would need to pass a law breaching fiscal rules 81 days before elections.
The Treasury reported the defense budget rose from NIS 62 billion pre-war to NIS 158 billion, plus NIS 25 billion via other means.
Bank of Israel Governor Amir Yaron warned a large defense boost requires a funding plan.

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Story summary

Prime Minister Benjamin Netanyahu ordered the 2026 budget reopened and the defense plan raised to NIS 400 billion from NIS 350 billion.
The Knesset would need to pass a law breaching fiscal rules 81 days before elections.
The Treasury reported the defense budget rose from NIS 62 billion pre-war to NIS 158 billion, plus NIS 25 billion via other means.
Bank of Israel Governor Amir Yaron warned a large defense boost requires a funding plan.