Tel Aviv, June 8 -- The Knesset Finance Committee on Monday approved a series of adjustments to Israel's 2026 state budget, including inter-ministerial transfers and multi-year surplus carryovers. The changes include significant reallocations to defense, housing, and health, reflecting both ongoing wartime expenditure pressures and routine fiscal adjustments within Israel's budget system.

Budget transfers and surplus carryovers are a standard feature of Israel's public financial management, allowing ministries to shift unspent funds between fiscal years. However, the scale of defense-related reallocations this year underscores the continued financial demands of the ongoing war.

The largest single allocation approved was approximately NI...