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
State budget offers 'no good news,' will likely pass Knesset vote, says MK Beliak - interview
If the state budget is not approved in all three readings by the end of March, when the fiscal year closes, the Knesset will automatically dissolve, and elections will be called.
Government submits 2026 budget to Knesset, Smotrich vows passage despite rifts
Finance Minister Bezalel Smotrich said that the government was "determined to pass it [the state budget] on first reading,” during a press conference at the Knesset on Monday.
Knesset legal advisor demands Finance Ministry probe into unauthorized fund transfers
The demand was made following a High Court of Justice hearing on petitions challenging the government’s transfer of more than NIS 1 billion in earmarked funds to haredi schools.
Israel completes $6 billion public offering, returns to pre-war spread levels
The offering included three series of bonds with terms of five, 10, and 30 years, with spreads of 90, 100, and 125 basis points above comparable US Treasury yields.
Smotrich threatens to double tax on Israeli banks if consumer benefits canceled
According to the Finance Ministry, the tax will bring in NIS 1.13 billion in 2026, rising to NIS 1.5 billion each year from 2027 to 2029.
Coastal cliffs between Hefer Valley, Netanya collapse due to heavy rainfall from Storm Byron
No injuries were reported, but local officials warned of an ongoing national safety risk and accused the state of failing to allocate funding for coastal protection.
'Smotrich is taking us hostage': Small-business owners protest new VAT, customs exemptions
Protesters also warned of the economic implications of the move for local commerce, employment, and business stability in Israel, saying that the move “will be remembered in infamy."
Defense Ministry treating 82,400 wounded soldiers and veterans, up 22,000 since start of war
Out of the new additions, 58% are being treated for mental health concerns.
What did the gov’t approve for Israel’s 2026 state budget? - explainer
The 2026 budget passed its first test, yet the battles over defense, taxes, and reforms expose a government more focused on managing crises than shaping policy.
'Gov't continues to abandon us': Gaza border community heads protest funding cuts in Jerusalem
Officials in the Gaza border councils warned that “such a move will directly harm the ability to rehabilitate and develop the region after the events of October 7."
