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Originally published by Capital Businessbusiness
March 30, 2026
2h ago
Israeli parliament passes record state budget
The spending bill, totaling 850.6 billion shekels (about 271 billion U.S. dollars), passed by a vote of 62 to 55, as the largest in Israel's history. The defense ministry alone will receive more than 142 billion shekels (around 45 billion dollars), also a record allocation. Kenya..
✨ Key Highlights
The Israeli parliament, the Knesset, has approved its record-breaking 2026 state budget. The approval averted a government collapse and a snap election.
- The budget totals 850.6 billion shekels (approximately 271 billion U.S. dollars).
- The defense ministry secured a record allocation of over 142 billion shekels (around 45 billion dollars).
- Approval was secured on Monday in the final reading, narrowly avoiding automatic government collapse under Israeli law.
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