Israel’s parliament has granted initial approval to the draft state budget for 2026, allowing the government to avoid a snap election at this time. The decision supports Prime Minister Benjamin Netanyahu’s administration in maintaining its current mandate.
The approval marks a critical step in the budget process, but further votes are required before the budget is finalized. The move provides temporary political stability amid ongoing debates over fiscal policies and governance.
**Why this matters**
Passing the preliminary budget helps prevent an early election, which could have led to political uncertainty and disruptions in government operations. It also enables the government to continue implementing its agenda while negotiations on the full budget continue.
Source: News Source