Jerusalem | Israel’s parliament has approved a record national budget following an intense overnight session, securing the coalition government led by Prime Minister Benjamin Netanyahu through the remainder of its current term, expected to last until the fall.
The vote was finalized just ahead of a crucial April 1 deadline, averting the automatic trigger of early elections. While the immediate political crisis has been avoided, Netanyahu retains the option to call elections earlier if circumstances change.
Opposition Slams Spending Priorities
The budget has sparked strong criticism from opposition leaders, who argue that it prioritizes funding for ultra-Orthodox communities despite mounting wartime expenses.
Opposition leader Yair Lapid accused the government of misallocating public funds, while former Prime Minister Naftali Bennett criticized what he described as misplaced priorities during a period of national strain.
A major point of contention is a late amendment allocating an additional $250 million to ultra-Orthodox educational institutions. Critics say the move is controversial, particularly amid ongoing debates over military service exemptions, as the armed forces face increased operational pressure.
Government Defends Budget Strategy
Finance Minister Bezalel Smotrich defended the plan, stating that it addresses the needs of all sections of society while responding to urgent national security challenges.
The total budget stands at approximately $270 billion—the largest in the country’s history. Defense spending has risen sharply, increasing by around 20% due to ongoing tensions involving Iran. The defense allocation now totals roughly $45 billion, leading to cuts in other sectors.
War Conditions Shape Proceedings
The parliamentary session reflected the tense security environment. Air raid sirens warning of incoming missiles disrupted proceedings multiple times, forcing lawmakers to convene in a secure location near a bomb shelter.
Israel continues to face persistent missile threats, with tensions also escalating along its northern border involving Hezbollah. The broader regional instability has further complicated the situation.
Global economic effects are also being felt, with disruptions to oil supply routes in the Persian Gulf contributing to volatility in international energy markets.
Political Outlook Remains Uncertain
Although the budget’s passage strengthens Netanyahu’s position in the short term, recent opinion polls indicate declining public support for his leadership following the October 7 attacks.
While many citizens continue to support military operations, this has not fully translated into confidence in the current government. The coming months are likely to be critical in shaping voter sentiment ahead of the next elections.
Civilian Restrictions Continue
Meanwhile, wartime restrictions remain in place across the country. Authorities have extended safety guidelines, limiting large gatherings and urging residents to remain close to shelters, particularly as the Passover period approaches.
These ongoing measures highlight the persistent security challenges facing Israel, even as the government secures temporary political stability through the passage of its record budget.
