Finance Ministry

State budget offers 'no good news,' will likely pass Knesset vote, says MK Beliak - interview

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

MK VLADIMIR Beliak attends a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem on December 31, 2025.
Finance Minister Bezalel Smotrich after a press conference at the ministry, December 4, 2025; illustrative.

Government submits 2026 budget to Knesset, Smotrich vows passage despite rifts

Knesset Legal Adviser Sagit Afik a House committee meeting at the Knesset, the Israeli Parliament in Jerusalem on, December 1, 2025.

Knesset legal advisor demands Finance Ministry probe into unauthorized fund transfers

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Israel completes $6 billion public offering, returns to pre-war spread levels


Smotrich threatens to double tax on Israeli banks if consumer benefits canceled

According to the Finance Ministry, the tax will bring in NIS 1.13 billion in 2026, rising to NIS 1.5 billion each year from 2027 to 2029.

Finance Minister Bezalel Smotrich arrives to a conference of the Israeli newspaper Makor Rishon in Jerusalem, December 25, 2025

Coastal cliffs between Hefer Valley, Netanya collapse due to heavy rainfall from Storm Byron

No injuries were reported, but local officials warned of an ongoing national safety risk and accused the state of failing to allocate funding for coastal protection.

Coastal cliffs collapse between Hefer Valley and Netanya, December 28, 2025.

'Smotrich is taking us hostage': Small-business owners protest new VAT, customs exemptions

Protesters also warned of the economic implications of the move for local commerce, employment, and business stability in Israel, saying that the move “will be remembered in infamy."

Small-business owners protest outside the Finance Ministry in Jerusalem against the import reform and Finance Minister Bezalel Smotrich, December 23, 2025.

Defense Ministry treating 82,400 wounded soldiers and veterans, up 22,000 since start of war

Out of the new additions, 58% are being treated for mental health concerns.

A military helicopter evacuating wounded IDF soldiers from the Gaza Strip to Shaare Zedek Medical Center, Jerusalem, May 15, 2024; illustrative.

What did the gov’t approve for Israel’s 2026 state budget? - explainer

The 2026 budget passed its first test, yet the battles over defense, taxes, and reforms expose a government more focused on managing crises than shaping policy.

Finance Minister Bezalel Smotrich after a press conference at the ministry, December 4, 2025; illustrative.

'Gov't continues to abandon us': Gaza border community heads protest funding cuts in Jerusalem

Officials in the Gaza border councils warned that “such a move will directly harm the ability to rehabilitate and develop the region after the events of October 7."

Heads of the Gaza border communities' municipal councils protesting outside the Prime Minister's Office in Jerusalem, December 4, 2025.

Senior Ukrainian minister Taras Kachka to visit Israel in first since Russia's invasion

Taras Kachka, Deputy Prime Minister responsible for European integration and trade, will head a delegation to Israel in two weeks.

Ukrainian President Volodymyr Zelensky meets with Prime Minister Benjamin Netanyahu on the sidelines of the UN General Assembly. September 19, 2023

Behind the scenes: Noa Tishby and Nissim from "Kupa Rashit" in a campaign for Migdal Insurance

This has never happened before: the surprising connection between the precise presenter and Nissim, the lover of shortcuts, is going to break the screen. All the details and secrets from the hot set

Behind the scenes with Noa Tishby and Nissim from "Kupa Rashit"

Systemic failures in Israel's support for reservists during Gaza war, comptroller warns

Englman concluded that the state must now commit to sweeping structural reforms.

IDF reservists in Gaza.

Israel's Consumer Price Index up 0.5% in October, while home prices fall again

Annual inflation in Israel remains unchanged at 2.5%, keeping inflation well below the upper limit of the Bank of Israel's annual target range of 3%.

Israelis shop for groceries and dairy products at their local supermarket in Katsrin, Golan Heights, May 2, 2024

Your Taxes: Beware of ‘trapped profits’ taxation in international cases

Trapped profits refer to undistributed profits on which “only” 23% company tax was paid. In many cases, the profits were plowed back into the business of the company concerned.

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