Because the ministry does not currently know how much American aid will arrive and when, they decided not to account for this in the current expansion of the 2024 budget.
The Knesset Finance Committee reviewed a new spending bill by Finance Minister Bezalel Smotrich, aiming to allocate NIS 3.4 billion for war-related issues.
A review by the Ministry of Finance on the housing market shows a 29% rise in housing purchases in July 2024 compared to July 2023, with new apartment sales up by 51%.
The figure for the end of July was 8.1% of GDP, or NIS 155 billion.
"The strength of an organization is built on its money, the lack of money will make the organization disappear," the source said.
Smotrich presented what he deemed the "central principles and budget framework," and did not lay out expected budgets in specific ministries.
The Knesset Finance Committee approved nearly NIS 400 million for evacuee aid, sparking criticism over fund allocation and timing.
Insured Israelis will soon be able to obtain a digitalized doctor's certificate without visiting a doctor, significantly reducing doctors' loads.
Finance Minister Smotrich seeks approval for a NIS 3 billion fund to cover war expenses, sparking internal tension over Israel's budget management.
The government is expected to approve the Finance Minister's proposal for a nearly three billion NIS budget supplement to fund evacuations, military reserves, and assistance for October 7 victims.
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