-+ 0.00%
-+ 0.00%
-+ 0.00%

On the 23rd local time, the Finance Committee of the Knesset passed a budget bill to urgently approve an additional budget of approximately 15 billion NIS for the current year to the Israeli Ministry of Defense and the military to cope with the ongoing escalation of military operations. A statement issued by the Knesset on the same day said that of this emergency allocation, 11.75 billion NIS was directly transferred from the country's general reserves, while another 3 billion NIS came from structural cuts to existing defense spending and transportation budget projects. The Knesset said that due to military secrets involved, the details of the use of the additional funds were only reported at an internal joint meeting between the Finance Committee and the Foreign Affairs and Defense Committee.

Zhitongcaijing·09/23/2026 13:49:09
Listen to the news
On the 23rd local time, the Finance Committee of the Knesset passed a budget bill to urgently approve an additional budget of approximately 15 billion NIS for the current year to the Israeli Ministry of Defense and the military to cope with the ongoing escalation of military operations. A statement issued by the Knesset on the same day said that of this emergency allocation, 11.75 billion NIS was directly transferred from the country's general reserves, while another 3 billion NIS came from structural cuts to existing defense spending and transportation budget projects. The Knesset said that due to military secrets involved, the details of the use of the additional funds were only reported at an internal joint meeting between the Finance Committee and the Foreign Affairs and Defense Committee.