Budget

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 GATHER outside the Knesset against the approved 2026 budget.

Protesters block Knesset entrance following approval of 2026 state budget

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

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

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

Knesset says Finance Ministry acted unlawfully on haredi funding transfers


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.

Gov't adds NIS 2.6 billion to defense, raising state budget by NIS 32 billion due to war

The funds were to be used for classified equipment, which the government cited as an “urgent and immediate need” to provide an operational response to the ongoing war.

 The Knesset building, home of Israel's legislature, in Jerusalem, on November 14, 2022 (Illustrative).

Bank of Israel warns budget could worsen deficit, debt ratio

The cabinet decided to increase the defense budget for this year by NIS 32 billion and allocate an additional reserve of about NIS 13 billion for defense and civilian needs

Finance Minister Bezalel Smotrich and Prime Minister Benjamin Netanyahu at cabinet meeting to vote on 2026 budget, December 5, 2025.

Gov't approves new defense budget during war, NIS 5b. allocation to haredim, settlements

Coalition funds are part of the national budget and are determined during coalition negotiations after elections when forming a government.

Prime Minister Benjamin convenes a government cabinet meeting in Jerusalem, October 26, 2025.

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

“The costly campaign requires a special budget with the addition of tens of billions of shekels for the war effort,” Netanyahu said.

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

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Knesset votes to split Arrangements Bill amid haredi parties' threats over state budget

The two parties threatened to vote against the coalition amid disagreements over the controversial haredi draft bill being advanced in the Knesset.

MK's Moshe Gafni and Yitzchak Goldknopf seen during a vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, January 28, 2026.