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Israel cabinet set to vote on 2024 wartime budget, higher deficit

JERUSALEM (Reuters) -Israeli cabinet ministers on Sunday began what is expected to be a marathon session on approving an amended 2024 budget to account for a sharp rise in spending to finance the country's war with Palestinian Islamist group Hamas. Israel last year approved a two-year budget for 2023 and 2024, but the war against Hamas in Gaza has shaken government finances, requiring budget changes and additional spending. Billions of shekels in extra finance is needed to fund the military, compensate reservists and the tens of thousands who live near the border and have been displaced, as well as those directly affected by the Oct. 7 attacks by Hamas gunmen.

Israel cabinet set to vote on 2024 wartime budget, higher deficit

By Steven Scheer JERUSALEM (Reuters) -Israeli cabinet ministers on Sunday began what is expected to be a marathon session on approving an amended 2024 .

Israel budget deficit spikes with Gaza war expenses

JERUSALEM -Israel registered a budget deficit of 16.6 billion shekels in November, the Finance Ministry said on Sunday, citing a jump in expenses to fund Israel s war with Hamas militants in the. -December 10, 2023 at 07:46 am EST - MarketScreener

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