The budget of $271bn comes against a backdrop of surging violence by Israeli settlers towards Palestinians in the occupied West Bank.

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As Israeli lawmakers voted on the largest budget in their nation’s history from a fortified bunker early on Monday, one of the main aims of the $271bn spending bill became clear: a massive financial injection into extreme right-wing projects that analysts say will fundamentally alter the occupied West Bank.

Citing “national security” amid the ongoing war with Iran, the ruling coalition has bypassed legal frameworks to direct billions towards ideological goals, including supporting Israeli settlers establishing outposts and settlements in the West Bank, analysts say.