Israel: The army requests an additional 25 billion shekels, pushing its budget to a record level The 25 billion shekels (about 8 billion dollars) will be added to the current 158 ​​billion raised from 111 billion. Estimates put the military budget at NIS 200 billion next year, with spending increasing from 7.8% to 8.3% of GDP, compared to NIS 70 to 80 billion a year before the war. Preparing on three fronts costs over NIS 2 billion a week against the background of a shortage of 15,000 to 20,000 soldiers. The Treasury is considering raising the VAT from 18% to 19%, which may yield NIS 8.5 billion.

Israel: The army requests an additional 25 billion shekels, pushing its budget to a record level The 25 billion shekels (about 8 billion dollars) will be added to the current 158 ​​billion raised from 111 billion. Estimates put the military budget at NIS 200 billion next year, with spending increasing from 7.8% to 8.3% of GDP, compared to NIS 70 to 80 billion a year before the war. Preparing on three fronts costs over NIS 2 billion a week against the background of a shortage of 15,000 to 20,000 soldiers. The Treasury is considering raising the VAT from 18% to 19%, which may yield NIS 8.5 billion.