US EditionIsrael approves emergency military funding as Iran war rages
The 2.6 billion shekel budget will fund munitions and advanced weapons to maintain Israel's operational readiness amid daily Iranian missile attacks, officials said.
- On March 15, Israel approved a 2.6 billion shekel emergency budget for military purchases, endorsed during a weekend telephone meeting by cabinet ministers, officials said.
- Since Feb 28, Israeli and US strikes have triggered daily Iranian ballistic missile fire, with 250 missiles launched and twelve people killed by March 13.
- A finance ministry document circulated to ministers said the allocation was necessary given the intensity of the fighting and framed it as an 'exceptional emergency decision' to procure munitions, advanced weapons systems and replenish critical combat stocks.
- Funds will be drawn from the state budget approved on March 12, totalling US$222 million, and the package is expected to reach the Knesset by March 31 to address urgent defence needs.
- Emergency funding aims to sustain military operations and maintain defence readiness as hostilities between Israel and Iran intensify, officials said on March 15 as the war entered its third week.
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Israel approves emergency military budget as war with Iran enters third week
Israel has approved an emergency budget allocation for military purchases as its war with Iran enters the third week. The funds will be used to acquire munitions, advanced weapons systems and replenish combat stocks amid ongoing Iranian missile attacks.
Israel has approved an emergency budget allocation of $827 million for military procurement, Israeli media reported, as the US-Israeli war against Iran entered its third week.
The Israeli government has approved a budget of 827 million dollars for "expected" military procurement, wrote Israeli press Sunday, better than two weeks since the beginning of the Israeli-American war against Iran, transmitted AFP. This amount of 2.6 billion shekels was decided on Friday night by ...
Times of India
The Economic TimesMiddle East war: Israel approves emergency military funding as Iran war rages
Israel has approved an $827-million emergency budget allocation for military purchases, Israeli media reported Sunday, as the war with Iran entered its third week. A finance ministry document circulated to all ministers and reported by several media outlets, including Channel 12, said that "given the intensity of the fighting" the additional budget allocation was necessary.
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