Budget

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.
US President Donald Trump looks on as he signs executive orders and proclamations in the Oval Office at the White House, in Washington, DC, US, May 5, 2025

US President Trump signs budget with $4 billion for Israel, ban on UNRWA funding

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

Israel's budget deadline: What happens if Knesset cannot agree in time? - explainer

Prime Minister Benjamin Netanyahu seen after the vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, January 28, 2026.

Knesset advances 2026 state budget in first reading amid coalition crisis over haredi draft


Uncertainty on when US aid will reach Israel may lead to further 2024 budget adjustments

Because the ministry does not currently know how much American aid will arrive and when, they decided not to account for this in the current expansion of the 2024 budget.

 Finance Minister Bezalel Smotrich attends a Finance committee meeting at the Knesset, on June 10, 2024

Economist warns: Israel's war costs could reach 10% of GDP, raising urgent challenges

"It is not unlike a second war of independence. And unlike the Yom Kippur War of 1973, which lasted three weeks, its end is not in sight.”

Economy Minister Nir Barkat and Finance Minister Bezalel Smotrich speak in the Knesset plenum on February 21, 2024

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.

Goldknopf – UTJ will not support 2025 budget without haredi IDF draft bill

The legal blanket haredi exemption from IDF service ended in July 2023 after being ruled unequal and therefore unconstitutional.

 HOUSING MINISTER Yitzhak Goldknopf, United Torah Judaism’s leader, in the Knesset last month. He turned to his Jewish heritage and instincts regarding the plight of the hostages, notes the writer.

Knesset approves first reading of 2024 budget expansion bill

According to Finance Minister Bezalel Smotrich, the change will not increase the state's budget deficit at year's end, since it will be offset by higher-than-expected national income from taxes.

 The Knesset plenum on July 24. All opposition MKs boycotted the vote for the ‘reasonableness’ bill, while all coalition MKs supported it, resulting in a 64-0 vote.

MK Mickey Levy slams Smotrich and Englman over budget delay and war report

MK Mickey Levy condemns Finance Minister Smotrich for missing the budget deadline and State Comptroller Englman for delaying the war report, urging immediate action and accountability.

 Knesset Speaker Mickey Levy.

2025 budget to include freeze of annual social security benefit increase, Smotrich says

Smotrich presented what he deemed the "central principles and budget framework," and did not lay out expected budgets in specific ministries.

Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, July 22, 2024.

Smotrich calls on budget dep. head to resign, accuses him of failing to comply with his policies

Smotrich's response to Gardos reflects the existing tension between the finance minister and one of the most important economic figures in the country.

 Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich at a conference of the Israeli newspaper "Makor Rishon", in Jerusalem, June 30, 2024.

Netanyahu and Smotrich discuss 2025 budget amid critique of delays

The two discussed the budget's framework and different alternatives for its structure, with the goal of supporting the war efforts

 Bezalel Smotrich

Finance Ministry reports savings on national budget if the haredi community enlists

Head of Budget Department at Finance Ministry, Yogev Gardos, advocated for broad conscription in Israel, proposing benefits and savings, prompting debate and committee action.

 A haredi man reads a newspaper in Jerusalem’s Mea She’arim neighborhood.