Finance Ministry

Gov’t approves Smotrich ally Israel Malachi as Finance Ministry director-general

He is a close associate of Smotrich, which led to criticism over the appointment. Malachi also had previously served as the treasurer of a council governing over 40 West Bank settlements.

Israel Malachi
Education Minister Yoav Kisch at the education system's arranging room at the Ministry of Education in Jerusalem, in preparation for the opening of schools in the country tomorrow morning, August 31, 2025.

Finance Ministry data gaps blocked High Court update on haredi funding, Education Ministry says

A panoramic view of the Mount of Olives

High Court orders state to explain failure to establish civil cemetery for Jerusalem residents

Incoming Director General of the Finance Ministry, Israel Malachi, who was appointed by Finance Minister Bezalel Smotrich.

Smotrich appoints Israel Malachi as new Director General of Finance Ministry


Finance Ministry’s relief loan to Israel’s small, medium businesses: How does it work? - explainer

The ministry announced a relief fund for small businesses with up to NIS 25 million in annual turnover, and additional help to medium businesses.

Finance Minister Bezalel Smotrich speaks at the Knesset plenum ahead of the 2026 state budget vote, March 30, 2026.

Iran war has cost Israel $11.5 billion in budgetary expenses, Finance Ministry says

The costs largely match US estimates of its own expenditures during the war, while Iran has estimated its war losses at $145 billion.

New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021.

Knesset approves 2026 state budget in final votes, avoids early elections

The Knesset has approved the 2026 state budget, avoiding elections, as coalition partners back the plan despite earlier threats and criticism over spending priorities.

Prime Minister Benjamin Netanyahu arrives to vote at the Knesset on the 2026 state budget, March 30, 2026.

High Court orders new vote on NIS 98m haredi school funding transfer

The High Court ordered a new Knesset vote on the remaining NIS 98m in haredi school funding, as petitioners demand full data before approval.

 HAREDI YESHIVA students

Knesset advances compensation for businesses impacted by war, benefits for reservists

The compensation framework for businesses is among a series of broad measures advanced by the Finance Ministry to support businesses, employees, and nonprofit organizations impacted by the war.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.

Willner signals disputed haredi school transfer may return to Finance Committee

At the center of the case is a December 25, 2025, Finance Committee transfer involving education funds, including money directed to haredi institutions.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

Knesset says Finance Ministry acted unlawfully on haredi funding transfers

Knesset officials say haredi funds were distributed before approval, raising legal concerns ahead of a High Court hearing on the dispute.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

Knesset Finance Committee approves Israel’s 2026 state budget ahead of final reading

The decision followed debates in the committee that went late into the night. The second and third readings are expected to take place in the Knesset plenum on Thursday.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.

Knesset advances bill granting five-year tax exemption to olim, returning residents

Olim, along with returning residents who have lived abroad for at least ten years, will be eligible for the tax exemption.

Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 23, 2026.

Israel registered 37% less unpaid leave applications than in previous Iran war, report reveals

In total, 7936 people registered for unemployment since the war began, of whom 55% are women, Employment Service revealed on Sunday. Of this group, 54% are mothers of underage children.

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026