Finance Ministry

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

Knesset approves Israel's 2025 budget despite threats of opposition

The national budget for 2025 will be around NIS 607.4 billion. The government has also approved budget adjustments totaling about NIS 37 billion.

01/11/2024

Smotrich is 'arrogant': Ben-Gvir lashes out at finance minister after budget clash

These comments follow the return of the Knesset for winter session and reports regarding budget cuts for certain ministries.

North and South call for more effective compensation plans as Israel faces dual recovery challenges

While NIS 19 billion has been approved for rehabilitation, 5 billion of these remain frozen, waiting for the delineation of the area included in the rehabilitation.

29/10/2024

Finance Ministry drops growth prediction, citing expansion of fighting

The Finance Ministry laid out a number of factors that could impact the growth projection, causing it to rise or fall.

29/10/2024
Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

Finance Ministry officials to 'Post': Moody's rating drop was premature, a step too far

The downgrade dropped Israel by two notches, from A2 to Baa1—the country's lowest score ever—and maintained a negative outlook for its rating.

20/10/2024

Israel's government set to start debate on new state budget this month

Ultra-Orthodox parties Shas, UTJ threaten: Without legislation to exempt most eligible haredi men from military service, we will not support budget.

Plenum approves NIS 3 billion expansion of 2024 budget

Members of the opposition have argued that the addition in government spending was unnecessary since the government could procure the necessary funds in other ways.

Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

Moody's downgrade due to Israel's clueless leadership, gov't mistrust - expert

Israel's long-term future could continue to deteriorate if the government does not "understand the gravity of the moment."

29/09/2024

Moody's downgrades Israel's credit rating from A2 to Baa1, to lowest rating ever

Moody's ratings are intended to give investors a simple gradation system for deciding which securities will be most reliable.

An empty classroom

The true cost of a shorter school week: The cheap solution will cost us dearly

The proposed reduction of the school week threatens Israel's education system and economy without addressing the real challenges in education.

By LIZY DELARICHA
24/09/2024
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