Finance Ministry

Israel-Hamas war: Number of absent employees decreases, hi-tech sector growth still down

Most of those absent due to the war were men (77%), this is because of their larger share among those drafted to IDF reserves, said the ministry.

28/07/2024

Knesset advances bill for grants for October 7 hostages and missing persons

Grants of NIS 7,180 per adult and 1,436 per child were recommended by the committee, for a total of over NIS 220 million.  

24/07/2024

Finance Ministry reports savings on national budget if the haredi community enlists

Head of Budget Department at Finance Ministry, Yogev Gardos, advocated for broad conscription in Israel, proposing benefits and savings, prompting debate and committee action.

By YAKI ADAMKER
16/07/2024

'A separate civilian system': Smotrich speaks of increased gov. control over West Bank - NYT report

While speaking at a private event, Finance Minister Bezalel Smotrich said that his goal was to prevent the West Bank from becoming part of a Palestinian state, describing changes as "mega-dramatic."

Is the 2025 budget Israel's next social powder keg?

The budget is an opportunity for the government to show the public it is prioritizing the needs of the many.

20/06/2024
 Finance Minister Bezalel Smotrich attends a Finance committee meeting at the Knesset, on June 10

US State Dept. slams Smotrich’s transfer of $134 million from PA’s frozen funds to terror victims

Smotrich described the order as an act of “historical justice,” saying that the PA “encourages and favors terrorism by paying the families of terrorists, prisoners, and released prisoners."

House and calculator [Illustrative].

Israeli municipal tax to jump by 5%, biggest rise in 17 years

Local municipalities can request an exception to the updated rate set by the Interior Ministry, meaning some could charge an even higher rate if they receive approval.

By WALLA! FINANCE
22/05/2024
 State Comptroller Matanyahu Englman attends the Eli Horowitz Conference, organized by IDI

'Israel's lack of long-term planning harming economy,' comptroller says

Englman said that the government is focused on investing in the short term, and even when it sets long-term goals, it does not meet them.

22/05/2024

Smotrich defends delaying the purchase of fighter jets: 'Israel's security is not a game'

Smotrich blocked the purchase of more jet fighters from Lockheed-Martin and Boeing, citing concerns this was not the wisest way to improve defense capabilities.

Knesset already reaches budget deficit yearly ceiling in April

If you neutralize the effect of delayed taxes due to Passover, the budget still eclipsed its ceiling and reached 6.7%.

Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy