The Times of Israel https://www.timesofisrael.com/topic/israels-defense-budget/ News from Israel, the Middle East and the Jewish World Sun, 14 Jun 2026 00:27:31 +0000 en-US hourly 1 https://static-cdn.toi-media.com/www/uploads/2018/11/toi_icon_512-200x200.png Israel's defense budget | The Times of Israel https://www.timesofisrael.com/topic/israels-defense-budget/ 32 32 Higher defense spending in coming years will take toll on citizens, Treasury warns https://www.timesofisrael.com/higher-defense-spending-in-coming-years-will-take-toll-on-citizens-treasury-warns/ Mon, 11 Nov 2024 17:11:56 +0000 https://www.timesofisrael.com/?p=3417202 NIS 10 billion more spent annually on defense would cost the average household NIS 4,000 due to higher taxes and reduced public services, says Finance Ministry chief economist

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]]> Why Smotrich doesn’t trust Israel’s defense brass to spend for tomorrow’s wars https://www.timesofisrael.com/why-smotrich-doesnt-trust-israels-defense-brass-to-spend-for-tomorrows-wars/ Fri, 31 May 2024 08:51:58 +0000 https://www.timesofisrael.com/?p=3298278 The finance minister has spent months fighting with Gallant and Halevi due to his belief that they cannot plan for the military's future after failing to prevent Hamas's onslaught

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]]> Bank of Israel head urges government to set ‘appropriate’ fiscal priorities in budget https://www.timesofisrael.com/bank-of-israel-head-urges-government-to-set-appropriate-fiscal-priorities-in-budget/ Sun, 31 Mar 2024 14:28:01 +0000 https://www.timesofisrael.com/?p=3257528 Central bank chief tells lawmakers the need for higher defense spending during war requires fiscal adjustments to prevent debt from rising further and to help economy recover

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]]> Treasury recommends shutting 10 surplus ministries to cover budget deficits – report https://www.timesofisrael.com/treasury-recommends-shutting-10-surplus-ministries-to-cover-budget-deficits-report/ Mon, 25 Dec 2023 06:54:47 +0000 https://www.timesofisrael.com/?post_type=liveblog_entry&p=3185795 As costs of war with Hamas soar, Finance Ministry also suggests cutting coalition funds by NIS 5 billion and raising taxes

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]]> Top defense official: Israel must replace aging aircraft before it’s too late https://www.timesofisrael.com/top-defense-official-israel-must-replace-aging-aircraft-before-its-too-late/ Mon, 16 Nov 2020 17:03:08 +0000 https://www.timesofisrael.com/?p=2430798 In wide-ranging briefing, Defense Ministry director discusses budgetary woes, arms sales and the push to shore up Israel's military edge in light of F-35 purchase by UAE

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]]> Finance officials look to dramatically cut men’s military draft to two years https://www.timesofisrael.com/finance-officials-look-to-dramatically-cut-mens-military-draft-to-two-years/ Wed, 21 Nov 2018 09:43:02 +0000 https://www.timesofisrael.com/?p=1965991 Shortened 32-month service in effect since 2015 seen as a success; Treasury planners say cutting 8 more months could mean NIS 12 billion annual boon to the economy

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]]> Bennett slams Kahlon for soaring deficit as coalition partners spar https://www.timesofisrael.com/bennett-slams-kahlon-for-soaring-deficit-as-coalition-partners-spar/ Sun, 11 Nov 2018 16:58:11 +0000 https://www.timesofisrael.com?p=1959134&preview=true&preview_id=1959134 Jewish Home chair says finance minister 'pulling left,' blames him for 'very dangerous' economic forecast

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]]> Netanyahu calls urgent treasury meeting as deficit soars to NIS 9b https://www.timesofisrael.com/netanyahu-calls-urgent-treasury-meeting-as-deficit-soars-to-nis-9b/ Tue, 06 Nov 2018 08:30:06 +0000 https://www.timesofisrael.com/?p=1955977 Finance Ministry records sharp rise in national debt that threatens PM's 10-year plan to increase defense spending

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]]> Government said set to launch NIS 30 billion missile defense plan https://www.timesofisrael.com/government-said-set-to-launch-nis-30-billion-missile-defense-plan/ Tue, 24 Jul 2018 09:17:59 +0000 https://www.timesofisrael.com/?p=1895182 Reports say 10-year program aims to provide shield for entire country against possible massive, multi-front rocket attack

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]]> Israel-US aid accord could deal massive blow to local defense industry, MKs told https://www.timesofisrael.com/israel-us-aid-deal-could-deal-massive-blow-to-local-defense-industry-mks-told/ Tue, 22 May 2018 06:38:55 +0000 https://www.timesofisrael.com/?p=1855466 According to current terms, all of the money must be spent in US, meaning local manufacturers could lose over $2 billion a year, up to 22,000 could lose jobs, Defense Ministry says

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]]> Ministers pass NIS 400b state budget in bid for political stability through 2019 https://www.timesofisrael.com/ministers-pass-nis-400b-state-budget-in-bid-for-political-stability-through-2019/ Fri, 12 Jan 2018 07:52:33 +0000 https://www.timesofisrael.com?p=1769644&preview=true&preview_id=1769644 After a marathon overnight session, government unanimously agrees on next year's budget; defense spending jumps to NIS 63 billion, marking 37% increase over five years

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]]> US official: It’s possible Iran deal animus affected military aid agreement https://www.timesofisrael.com/top-official-slams-politicians-criticism-of-us-aid-deal/ Sun, 18 Sep 2016 03:07:35 +0000 http://www.timesofisrael.com?p=1464463&preview_id=1464463 10-year aid package leads to domestic Israeli political infighting as opposition charges Netanyahu could have gotten more

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]]> Top official slams politicians’ criticism of US aid deal https://www.timesofisrael.com/top-official-slams-israeli-politicians-criticism-of-us-aid-deal/ Sat, 17 Sep 2016 23:43:30 +0000 http://www.timesofisrael.com/?p=1464443 Acting National Security Adviser Yaakov Nagel, who led Israel's negotiating team, lashes Netanyahu critics as 'detached from reality'

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]]> Knesset passes 2015-2016 budget by 61-59 majority https://www.timesofisrael.com/knesset-passes-2015-2016-budget-by-61-59-razor-thin-majority/ Thu, 19 Nov 2015 02:58:45 +0000 http://www.timesofisrael.com?p=1287089&preview_id=1287089 Lawmakers vote on hundreds of amendments submitted by opposition; fiscal plan stands at $85b for 2015, rising to $89b in 2016

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]]> Knesset expected to pass budget after all-night slog through objections https://www.timesofisrael.com/knesset-expected-to-pass-budget-after-all-night-slog-through-objections/ Wed, 18 Nov 2015 21:08:15 +0000 http://www.timesofisrael.com/?p=1286845 Opposition trying to filibuster bill beyond Thursday's deadline with 700 ammendments that must be voted on one by one; if not passed, government will be forced to resign

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