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Netanyahu Proposes 183 Billion Shekels Defense Budget Increase

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Story summary
  • Netanyahu proposes raising the annual defence budget to 183 billion shekels, about 9% of GDP.
  • Israel’s war costs have reached roughly 350 billion shekels ($114.6 bn) by March 2026.
  • The economy grew 2.9% in 2025 and 3.2% in the first half of 2026.
  • Direct foreign investment hit a record $26.2 bn in 2025, up 78% from 2024.
  • A poll shows 38% of Jewish Israelis and 46% of Palestinian citizens rank economy as a key election issue.