ReferIndia News Israel: Defence spending leads 2026 budget reallocations approved by Finance Committee

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Israel: Defence spending leads 2026 budget reallocations approved by Finance Committee

Published on: June 8, 2026, 11:03 p.m. | Source: The Tribune

The Knesset Finance Committee on Monday approved a series of adjustments to Israel's 2026 state budget, including inter-ministerial transfers and multi-year surplus carryovers. The changes include significant reallocations to defense, housing, and health, reflecting both ongoing wartime expenditure pressures and routine fiscal adjustments within Israel's budget system.

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