Finance Ministry
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.
Knesset approves 2026 state budget in final votes, avoids early elections
High Court orders new vote on NIS 98m haredi school funding transfer
Knesset advances compensation for businesses impacted by war, benefits for reservists
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.
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.
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.
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.
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.
Gov't adds NIS 2.6 billion to defense, raising state budget by NIS 32 billion due to war
The funds were to be used for classified equipment, which the government cited as an “urgent and immediate need” to provide an operational response to the ongoing war.
Government to arrange unpaid leave for parents with kids under 14 as schools remain remote
The move has sparked outrage from parents across the country and opposition lawmakers as schools throughout the country have continued to operate in a remote-learning format.
Hitting hard: How the Iran war is decimating Israel's small businesses
BUSINESS AFFAIRS: With gatherings and nonessential work from the office prohibited, and airlines doing their best to avoid the region, multiple industries have been deeply affected by the war.
Finance Ministry warns of NIS 9.5b. weekly loss, urges Home Front Command to ease restrictions
The Finance Ministry warned that the economic shutdown is costing Israel NIS 9.5 billion per week, urging a shift to an alert status and allowing businesses with protected spaces to reopen.
Government approves grants for residents whose homes were damaged in Iranian missile strikes
NIS 2,000 will be provided initially to each resident whose home was damaged and declared unfit for habitation, with residents additionally evacuated to a government-funded hotel.
