Israeli Government Budget

Israel’s 'bloated, unstable' gov't harms public service, wastes millions each year, report finds

State Comptroller Englman recommends limiting ministries, ending duplication, and requiring full staffing and budget groundwork before government powers are reshuffled.

New Israeli Shekel banknotes are seen in this picture illustration.
Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.

Knesset Finance panel debates transfer of NIS 98 million to haredi schools

PROTESTERS GATHER outside the Knesset against the approved 2026 budget.

Protesters block Knesset entrance following approval of 2026 state budget

Prime Minister Benjamin Netanyahu (R), Finance Minister Bezalel Smotrich.

Netanyahu, Smotrich to 'set aside' haredi draft law, approve billions in defense funding for war


Welfare, wage, and ministry cuts: Treasury unveils plan for 2025 budget

The budget outline includes closing five ministries and numerous budget cuts to ministries, which may bring resistance from ministers and slow its passage through the Knesset.

 FINANCE MINISTER Bezalel Smotrich speaks at a news conference at the Finance Ministry in Jerusalem, last week.

Here's why now is the most critical and opportune time to invest in Israeli AI tech - opinion

As the war that began on October 7 continues, Israel faces critical challenges in security, energy, and the economy, the nation must turn to its innovative spirit: AI technology.

 Strategic AI investment in Israel could create 50,000-100,000 jobs and add $100-$200 billion to GDP within five years, mirroring trends in other countries.

NIS 727 billion budget expansion passes in Knesset as Israel-Hamas War continues

The Knesset approved a second 2024 budget, driven by the Israel-Hamas war, with 57 votes for and 51 against.

Inside the Knesset building.

Smotrich advances extra-budgetary war funds despite Finance min professional warning

Finance Minister Smotrich seeks approval for a NIS 3 billion fund to cover war expenses, sparking internal tension over Israel's budget management.

 Finance Minister Bezalel Smotrich speaks at the the The 10th Katif Conference for National Responsibility. August 5, 2024.

Government announces extension of evacuations from North, South

The evacuation extensions will be financed by a sweeping 1% budget cut.

 Kiryat Shmona evacuees

Israel's 2025 budget: Smotrich announces changes to how budget built, work to start this week

Per the minister's instructions, presentations on the budget will be held over two focused days instead of over the course of months.

 Bezalel Smotrich

Netanyahu, Smotrich blame each other for price hikes

"It is inconceivable that the concern for the PA and terror funds that it pays to families of terrorists will be more important than the citizens of Israel," Smotrich wrote.

 Israeli Finance Minister Bezalel Smotrich speaks with Prime Minister Benjamin Netanyahu as lawmakers gather at the Knesset plenum to vote on a bill that would limit some Supreme Court power, in Jerusalem July 24, 2023.

'Dermer promised the Saudis a Palestinian state': Liberman hits back at government

Liberman, chairman of the Yisrael Beiteinu party, criticized the government's budget plan and raised concerns that cabinet member Dermer made commitments to the Saudis about a Palestinian state.

 MK Avigdor Liberman speaks during a plenum session at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, March 6, 2024.

Israel's Knesset passes national budget as Netanyahu reaches last-minute deal

In an unexpected development, Agriculture Minister Dichter threatened to not support the budget over cuts to agricultural research, leading to an announced delay.

 Finance Minister Bezalel Smotrich and Prime Minister Benjamin Netanyahu in the Knesset plenum on March 13, 2024

Israel's Knesset begins marathon debate on new 2024 budget

Although the 2024 budget is highly likely to be passed into law by Wednesday, many controversial factors remain on the agenda, namely funding for the haredi education system.

 Head of the Finance committee MK Moshe Gafni speaks during a discussion on the state budget at the assembly hall of the Israeli parliament in Jerusalem, March 12, 2024.