Finance Ministry

Israeli ministry dealing and overseeing all matters concerning country's economy

Israel-Hamas war doubles Israel's debt raising in 2023

The outbreak of the Israel-Hamas war in October led to a doubling of Israel's borrowing in the past year, with the state raising 160 billion shekels in debt.

By REUTERS
15/04/2024

The price of the Gaza war: How much will Israelis pay for more soldiers?

The study found that higher economic costs stemmed from reserve duty rather than regular service.

20/03/2024

Finance Ministry: Raise of minimum wage 'will lead to our collapse'

The long meeting discussed the effect of the minimum wage on the functioning of hospitals run by non-profit organizations.

How record-breaking bond offering is part of Israel’s strategy to fund gov’t

Israel raised a record $8 billion in bond sales amid the ongoing Israel-Hamas war, showcasing investor confidence despite recent economic challenges.

By EVE YOUNG , REUTERS
07/03/2024

Highest demand in history: Israel raised $8 billion abroad

The issuance of US bonds and the high demand total $38 billion. Smotrich: "A vote of confidence from investors in the Israeli economy."

Former finance minister Avraham ‘Beiga’ Shochat dies at 87

One of the last pillars of Rabin, Peres, and Barak's Labor party, Avraham 'Beigele' Shochat, passes at the age of 87.

Gas prices throughout Israel set to rise Thursday night

The increase will not be mitigated by the usual subsidy on gas, which has been suspended in light of wartime budget cuts.

Gov't to raise taxes, take $60b. loan to cover Gaza war costs

Israel plans $60 billion loan for Gaza war as government expenditures and VAT are set to rise.

Governmental effort to charge fee for psychiatric emergency room visits causes outrage

Protests sounded against the intention of the Health Ministry and the Treasury to impose stiff fees on patients going to psychiatric hospital emergency rooms.

Israel increases sum planned to deduct from PA taxes, cites 'pay-to-slay' policy

Following pressure from Finance Minister Bezalel Smotrich, the PA's offset will be increased by an additional NIS 21 million.

By BARAK RAVID
23/02/2024
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