Budget

Pentagon tells US lawmakers it needs $80 billion for Iran war costs, other bills - report

Deputy Defense Secretary Stephen Feinberg told lawmakers of the cost in phone calls earlier this week, according to the report.

 The Pentagon logo is seen behind the podium in the briefing room at the Pentagon in Arlington, Virginia, US, January 8, 2020.
Bezalel Smotrich.

End of tax exemption: Tax Authority move will cost property owners dearly in Israel

Israeli Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich, Defense Minister Israel Katz and National Security Minister Itamar Ben-Gvir attend a discussion at the plenum in the Knesset, Israel's parliament, in Jerusalem, July 23, 2025.

Netanyahu's coalition moves to fast-track controversial laws ahead of upcoming Knesset dissolution

New Israeli Shekel banknotes are seen in this picture illustration.

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


Israel just quadrupled its PR budget to $730M, experts claim it won’t work

Israel has quadrupled its public diplomacy budget to $730 million, but experts say no amount of PR can reverse damage caused by policy and the war in Gaza.

Israeli Foreign Minister Gideon Sa'ar holds up a copy of The New York Times as he speaks during a United Nations Security Council meeting at the United Nations headquarters on in New York City on August 5, 2025.

While IDF soldiers fight, Israel's government rewards draft dodgers - opinion

So, you pick up your rifle, and you fight. But then, somewhere between operations, you get an update on the news back home. In Jerusalem, you read, the government has passed the annual budget...

Ultra-Orthodox men block a road during a protest against the jailing of seminary students who failed to comply with the IDF draft, in Jerusalem, in February.

Bank of Israel keeps rate unchanged, cuts growth forecast

Ministry of Finance director general Ilan Rom also announced his resignation following the passage of the 2026 state budget by the Knesset

Israeli shekel

Protesters block Knesset entrance following approval of 2026 state budget

"While the Israeli public is sitting in shelters, the government of massacre approves a pig-sized budget," the protesters stated.

PROTESTERS GATHER outside the Knesset against the approved 2026 budget.

Netanyahu seeks to avoid snap vote as Iran war gives no boost in polls

Nearly four weeks into a war that has so far failed to achieve the toppling of Iran's clerical rulers, Prime Minister Benjamin Netanyahu is reportedly looking to stave off early elections.

PRIME MINISTER Benjamin Netanyahu giving a press conference, March 19, 2026.

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.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

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.

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.

‘Record-high’ coalition funds in state budget ahead of upcoming vote during war, MK Beliak says

If the state budget is not approved in all three readings by next week, when the fiscal year closes at the end of the month, the Knesset will automatically dissolve, and elections will be called.

MK Vladimir Beliak reacts during a Constitution, Law and Justice Committee meeting and votes on parts of the judicial reform, at the Knesset, the Israeli Parliament in Jerusalem on July 19, 2023.

Knesset approves updated war budget in first reading, adding billions of NIS to defense

The updated budget, which passed in the plenum by a margin of 53–45, must still pass its final votes before the end of March.

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.

Israel's government risks unity by advancing divisive laws amid ongoing war with Iran - editorial

As Israel continues to face war, the government's focus on divisive legislation is distracting from critical wartime priorities and risking further division within the country.

A man brandish Israeli flags following an Iranian strike in Givatayim, in the center of Israel on March 6, 2026.