Politics8/19/2025β€’Bloomberg

Israel Approves Budget Increase to Cover Ongoing Cost of War

Israel Approves Budget Increase to Cover Ongoing Cost of War

The Israeli government has approved a budget increase to cover the costs of the recent 12-day war with Iran in June and the ongoing conflict in Gaza. Prime Minister Benjamin Netanyahu's cabinet made the decision to allocate additional funds to the state budget to address the financial implications of these military operations. The article does not provide specific details on the amount of the budget increase or the exact breakdown of how the funds will be utilized. However, it highlights the need for the Israeli government to allocate resources to address the ongoing security challenges and the financial burden associated with the military engagements. The article presents the information in a concise and unbiased manner, focusing on the key facts of the budget approval and the reasons behind it.

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