Budget

Israel gears up for a new wave of urban renewal agreements with an approved budget of NIS 120 million, extending to 7 more local authorities.

MDA’s resources are acquired through many donations, which also come from philanthropists in Israel but mainly from abroad.

Opposition party Yesh Atid filed a no-confidence motion on Monday over the government's failure to close what finance ministry officials said were unnecessary ministries.

Amir Yaron of the Bank of Israel extends public relief and calls for a committee to devise a multi-year defense budget plan due to economic challenges

While the Knesset prepares to pass the national budget for 2024, the question of a rising defense budget and dwindling funds for social services are at the top of the agenda.

Prof. Yaron Zelekha explains why rating agencies are losing confidence in Israel's economic policies.

Committee members, mostly from the opposition, voiced concerns over the budget, especially in the wake of the credit rating agency Moody's decision on Friday to lower Israel's rating.

Now that Israel is at war, having to finance a steep rise in military expenses, priorities must change.

The vote will be held after press time on Wednesday night.

"At this moment, it would be a mistake to disband the emergency government," he said, "but if I come to the conclusion the government is moving in the wrong direction, I will reassess my stance."