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.

|ByKESHET NEEV
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 measure includes provisions restricting US funding to several international institutions. It bars financial support for the UN Relief and Works Agency for Palestine Refugees,

|ByTHE MEDIA LINE
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

By law, failure to pass the budget by March 31 leads to an automatic collapse of the government and snap elections within about 90 days.

|BySHIR PERETS
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

The Degel Hatorah faction within United Torah Judaism received a green light from spiritual leader Rabbi Dov Lando to vote in favor of the state budget, Lando's office said.

|ByKESHET NEEV

Second only to Ukraine: The cost of Israel's defense burden

Experts warn of economic impact as Israel’s defense budget reaches 6.5% of GDP.

NOVEMBER 5, 2024By DEAN SHMUEL ELMAS/GLOBES/TNS
Israeli prime minister Benjamin Netanyahu and Israeli Minister of Defense Yoav Galant attend vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, March 13, 2024.

Israel's budget shows that self-preservation tops government priorities - editorial

The 2025 budget ignores several crucial factors. The ramifications will likely have lasting detrimental effects on our world standing.

NOVEMBER 4, 2024ByJPOST EDITORIAL
Finance Minister Bezalel Smotrich speaks during a vote on the state budget at the assembly hall of the Knesset in Jerusalem, March 13, 2024.

Knesset approves Israel's 2025 budget despite threats of opposition

The national budget for 2025 will be around NIS 607.4 billion. The government has also approved budget adjustments totaling about NIS 37 billion.

NOVEMBER 1, 2024ByJERUSALEM POST STAFF, REUTERS
Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben-Gvir. (Illustrative)

Government convenes for marathon 2025 budget debate

Smotrich said that "after victory," Israel's economy will see "fantastic returns" for years. He did not detail what "victory" entailed or when it would be achieved.

OCTOBER 31, 2024ByELIAV BREUER
Minister of Finance Bezalel Smotrich speaks with Minister of Innovation, Science and Technology Ofir Akunis during a vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, March 13, 2024.

Govt economic plan includes slashing benefits for olim worth over NIS 500,000

A 10% increase in benefits for olim will be worth less.

OCTOBER 30, 2024ByELIAV BREUER
Olim on the 64th Nefesh B’Nefesh charter flight pose with organization’s Co-founders Rabbi Yehoshua Fass and Tony Gelbart; Minister of Aliyah and Integration, Ofir Sofer; and Director-General of the Ministry of Aliyah and Integration, Avichai Kahana.

Smotrich is 'arrogant': Ben-Gvir lashes out at finance minister after budget clash

These comments follow the return of the Knesset for winter session and reports regarding budget cuts for certain ministries.

OCTOBER 30, 2024ByJERUSALEM POST STAFF
Itamar Ben-Gvir and Bezalel Smotrich attend a plenum session on forming the government, in the Israeli parliament, on December 29, 2022.

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.

OCTOBER 30, 2024ByELIAV BREUER, EVE YOUNG
FINANCE MINISTER Bezalel Smotrich speaks at a news conference at the Finance Ministry in Jerusalem, last week.

Iran's military budget is growing: What does that mean for the Middle East? - analysis

Iran wants to increase the accuracy of its range and the overall number of its ballistic missiles.

OCTOBER 29, 2024BySETH J. FRANTZMAN
Iranian armed forces members march during a ceremony of the National Army Day parade in Tehran, Iran April 18, 2022

Israel's 2025 budget delays a red flag to investors and Israelis - analysis

Israel's economic professionals have stressed it, Ratings agencies have said it - Israel needs a responsible budget for 2025, and it needs to show it can pass one now.

OCTOBER 10, 2024ByEVE YOUNG
Finance Minister Bezalel Smotrich, Fitch Rating logo seen in background.

Moody's downgrade due to Israel's clueless leadership, gov't mistrust - expert

Israel's long-term future could continue to deteriorate if the government does not "understand the gravity of the moment."

SEPTEMBER 29, 2024ByEVE YOUNG
Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.