Israel’s parliament has approved the 2026 state budget, sharply increasing defense spending as the country remains at war on multiple fronts.

The military allocation will rise by more than $10 billion (€8.7 billion), pushing the defense budget above $45 billion. This is more than double its pre‑Gaza war level in 2023.

The overall national budget stands at roughly $270 billion.

Israel and its main ally, the United States, have been at war with Iran since February 28. Additionally, Israel is battling Hezbollah after invading southern Lebanon.

Local media say the government has also approved an $827 million advance for emergency military purchases.

To fund the surge in defense spending, all other Israeli ministries will face a 3% across‑the‑board cut.