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Israeli forces get prepared before entering the Gaza Strip for an attack in Nahal Oz, Israel on December 12, 2023. [Mostafa Alkharouf - Anadolu Agency]

The Israeli military is facing a funding shortfall estimated at 40 billion shekels ($13.1 billion) as it seeks to replenish weapons stockpiles and restore capabilities after nearly three years of sustained military operations, according to a report by Israeli newspaper Yedioth Ahronoth. The newspaper reported on Monday that senior military officials have warned Israel’s political leadership in recent months that insufficient funding could affect operational readiness, weapons procurement and longer-term force-building programs. The warnings have reportedly been raised by the Israeli military chief of staff, his deputy and the head of the Planning Directorate, who have stressed the need for additional funding to sustain current operations while rebuilding capabilities depleted since October 2023. According to the report, Israeli defence officials […]

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