Israeli cabinet approves 2025 budget with tax hikes to support military spending
Finance Minister Bezalel Smotrich described the budget as "a stabilizing budget aimed at addressing the needs of war and the significant challenges facing the Israeli economy."
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Israel's cabinet approved a 2025 wartime budget on Friday, detailing measures and tax increases to bolster military spending. (AFP photo)
By NewVision Reporter
Journalists @NewVision
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Israel's cabinet approved a 2025 wartime budget on Friday, detailing measures and tax increases to bolster military spending for ongoing operations in the Gaza Strip and Lebanon.
The 607.4-billion-shekel