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Israeli government passes first reading of budget
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BICOM
What’s happened: The coalition survived a budget vote in Parliament yesterday when a first reading of the 2026 budget passed by a 62 to 55 majority.
Wednesday’s vote was made possible by Degel Ha-Torah’s decision to support the budget even without a final agreement on the conscription bill.
Shas followed suit (though its leader Aryeh Deri was absent at the vote), but Agudat Yisrael did not vote with the coalition.
The current budget proposal projects 812 billion shekels (about £190 billion) in expenditures, of which 112 billion shekels (about £26 billion) is slated for defence.
Looking ahead: Following the successful vote last night, the budget bill moves back to the Knesset Finance Committee.