Iran Proposes 200% Increase in Military Budget Amid Rising Tensions with Israel

The significant budget boost awaits parliamentary approval as Iran faces potential threats on its own soil for the first time since the 1980s.

Iran's government has announced plans to triple its military budget, increasing it by 200%, pending parliamentary approval.
The budget proposal comes after recent missile exchanges between Iran and Israel, escalating regional tensions.
Iran's military spending in 2023 was approximately $10.3 billion, significantly lower than Israel's $27.5 billion expenditure.
The U.S. has warned Iran of severe consequences if it continues aggressive actions against Israel.
Iranian officials express growing concern over the possibility of a conventional war on Iranian territory, challenging their traditional defense strategies.