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Israel Prime minister Benjamin Netanyahu and Itamar Ben Gvir shake hands as the Israeli government approve Netanyahu's proposal to reappoint Itamar Ben-Gvir as minister of National Security, in the Knesset, Israeli parliament in Jerusaelm, March 19, 2025

REUTERS/Oren Ben Hakoon

Israel gets “budget of war” amid new plans for Gaza and West Bank

Israel’s Knesset on Tuesday approved its 2025 budget by a vote of 66 to 52, days before a March 31 deadline that would have otherwise triggered an election. Described as a “budget of war, and with God’s help … a budget of victory,” by Finance Minister Bezalel Smotrich, the bill includeda 21% increase in spending over 2024, with a record defense budget of 110 billion shekels (US$30 billion) out of a total budget of 756 billion (US$205 billion).
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