{"id":113989,"date":"2026-03-30T11:42:39","date_gmt":"2026-03-30T08:42:39","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=113989"},"modified":"2026-03-30T11:42:42","modified_gmt":"2026-03-30T08:42:42","slug":"israeli-parliament-passes-record-state-budget","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2026\/03\/israeli-parliament-passes-record-state-budget\/","title":{"rendered":"Israeli parliament passes record state budget"},"content":{"rendered":"
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JERUSALEM, March 30 (Xinhua) — The Israeli parliament, the Knesset, approved the 2026 state budget on Monday in its final reading, averting a government collapse and an early election, according to local media.<\/strong><\/div>\n<\/div>\n<\/div>\n
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The spending bill, totaling 850.6 billion shekels (about 271 billion U.S. dollars), passed by a vote of 62 to 55, as the largest in Israel’s history. The defense ministry alone will receive more than 142 billion shekels (around 45 billion dollars), also a record allocation.<\/p>\n

Under Israeli law, failing to pass the budget by March 31 triggers an automatic government collapse and forces a snap election within roughly 90 days.<\/p>\n

Israeli legislative elections are currently slated for October.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The spending bill, totaling 850.6 billion shekels (about 271 billion U.S. dollars), passed by a vote of 62 to 55, as the largest in Israel’s history. The defense ministry alone will receive more than 142 billion shekels (around 45 billion dollars), also a record allocation.<\/p>\n","protected":false},"author":13682,"featured_media":113993,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[27231,8096,27232],"coauthors":[5615],"class_list":["post-113989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-israeli-parliament","tag-passes","tag-record-state-budget"],"yoast_head":"\nIsraeli parliament passes record state budget - Capital Business<\/title>\n<meta name=\"description\" content=\"The spending bill, totaling 850.6 billion shekels (about 271 billion U.S. dollars), passed by a vote of 62 to 55, as the largest in Israel's history. 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