Budget

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

Finance Minister Bezalel Smotrich said that the government was "determined to pass it [the state budget] on first reading,” during a press conference at the Knesset on Monday.

Finance Minister Bezalel Smotrich after a press conference at the ministry, December 4, 2025; illustrative.
THE KNESSET during a meeting on December 24, 2025.

Gov’t faces one-week deadline to pass first reading of state budget amid haredi draft bill threats

 Shas faction meeting in the Israeli parliament on December 8, 2025.

Shas threatens to vote down 2026 state budget if haredi draft law not passed

 Incoming IDF Deputy Chief of Staff Amir Baram gives remarks at his inauguration ceremony, October 31, 2022.

Defense Ministry director-general says Israel returned too quickly to pre-Oct. 7 budget approach


Former Bank of Israel governor: Gov't economic response to Israel-Hamas war is insufficient

There are many characteristics of Israel's economy that make it resilient, says expert, but the future of the war could have drastic impacts on Israel's economy.

 Minister of Finance and Prime Minister. A terrible budget is about to be passed, sponsored by personal interests

Knesset already reaches budget deficit yearly ceiling in April

If you neutralize the effect of delayed taxes due to Passover, the budget still eclipsed its ceiling and reached 6.7%.

 Bezalel Smotrich

Government budget approved: Cities expected to renew under state auspices

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.

 A new wave of framework agreements for urban renewal.

Magen David Adom does not appear in Israel’s state budget - Eli Bin

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

 Eli Bin, Director General of Magen David Adom at the Maariv Conference in Tel Aviv

Knesset to hold marathon session to approve 2024 budget

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.

 Israeli prime minister Benjamin Netanyahu, Ministers and MK's attend a plenum session for Israeli Knesset's 75th birthday, in the assembly hall of the Knesset, the Israeli parliament in Jerusalem, on January 24, 2024.

The Bank of Israel: Interest rate stands unchanged at 4.5%

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

  Governor of the Bank of Israel, Prof. Amir Yaron /

It's the defense budget, stupid - opinion

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.

 DEFENSE MINISTER Yoav Gallant and Finance Minister Bezalel Smotrich hold a joint news conference in Jerusalem, in December.

The war isn't the real problem behind Israel's credit rating downgrade

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

Yaron Zalicha

Knesset Finance Committee begins debate over renewed budget

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.

 Head of the Finance committee MK Moshe Gafni leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, on December 25, 2023.

War is draining Israel's economy, but gov't expenses aren't helping - opinion

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

 Yogev Gordus, head of the Treasury’s Budget Division.