Israel's parliament gave its initial approval to an amended 2024 state budget that adds tens of billions of shekels to fund Israel's war against Hamas, with higher defence spending and compensation to households and businesses hurt by the conflict.
The Knesset in Jerusalem
Israel's parliament gave its initial approval to an amended 2024 state budget that adds tens of billions of shekels to fund Israel's war against Hamas, with higher defence spending and compensation to households and businesses hurt by the conflict.
Lawmakers voted 57-50 to approve the spending package of 584 billion shekels ($159 billion), or 724 billion including debt repayment, according to a statement by the Knesset, Israel's parliament.
The budget now heads for debate in parliament's finance committee, where it may undergo adjustments ahead of its second and third votes expected later this month. The budget needs to pass three votes to become law.
($1 = 3.6654 shekels)
Reporting by Steven Scheer
Israeli Prime Minister Benjamin Netanyahu declared on Saturday that the war in Gaza will not come to a final end until Hamas is disarmed and the Palestinian territory is fully demilitarized , a key requirement of the second phase of the ceasefire agreement currently under discussion.
The Rafah border crossing between Gaza and Egypt will remain closed until further notice, Israeli Prime Minister Benjamin Netanyahu said on Saturday, adding its reopening will depend on Hamas handing over bodies of deceased hostages.
As world leaders gathered in Sharm el-Sheikh for a "Peace Summit" aiming to declare an end to the Gaza war, Lebanese President Joseph Aoun made a landmark statement: negotiations with Israel are necessary as part of a broader effort to resolve regional crises.
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