Israel panel approves 2025 budget, set for final vote in parliament by end-March

Politics and Government Politics and Government

Mon, March 24, 2025

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Israel panel approves 2025 budget, set for final vote in parliament by end-March

^{Published on 2025-03-24 02:20:46 - Reuters}

Israel's parliamentary finance committee late on Sunday approved the 2025 state budget, setting up a final vote by lawmakers before its March 31 deadline to prevent the government's collapse. The comm

The Israeli government has approved the 2025 budget, which is now set for a final vote in the parliament by the end of March. This budget, amounting to 584.1 billion shekels (approximately $159 billion), includes allocations for various sectors with a significant focus on defense, given the ongoing regional tensions. It also features increased spending on health, education, and welfare, aiming to address social and economic challenges. The budget has sparked debates among coalition members and opposition parties, particularly concerning its funding sources and the potential impact on the national debt. The approval process has been expedited to ensure timely implementation amidst the current political and security climate.

Read the Full Reuters Article at:
[ https://www.msn.com/en-my/politics/government/israel-panel-approves-2025-budget-set-for-final-vote-in-parliament-by-end-march/ar-AA1BvrgW ]

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