Israel's Knesset narrowly approved the 2026 state budget on March 30 by a 62-55 vote, stabilizing Prime Minister Netanyahu's coalition and averting automatic dissolution triggered by a missed deadline, as coalition partners including ultra-Orthodox parties backed the plan despite prior threats over funding disputes. This development follows failed opposition dissolution bills from Yesh Atid and Blue and White in January, which must wait six months for resubmission under parliamentary rules. With legislative elections constitutionally required by October 27, trader consensus reflects reduced near-term snap election risk amid ongoing Gaza conflict pressures, though coalition fractures over judicial reforms or security policy could prompt no-confidence votes or future disbanding efforts before the deadline.