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


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.

Israeli leaders kick off 2025 budget talks as war costs push up 2024 deficit

Netanyahu and economic officials discuss Israel's 2025 budget amid fiscal challenges from ongoing conflict, aiming for parliamentary approval by year-end amidst rising deficit concerns.

 Israeli Prime Minister Benjamin Netanyahu pauses during a press conference amid the ongoing conflict in Gaza between Israel and Hamas, in Tel Aviv, Israel, July 13, 2024.

Gov't to approve 1.03% cut-off in ministries' budget for aid to Gaza border communities - report

The benefits for the evacuees will be financed by a sweeping 1% budget cut.

Electra Afikim's lineup of electric buses; Israel's first wireless charging electric bus depot.

Is the 2025 budget Israel's next social powder keg? - analysis

The budget is an opportunity for the government to show the public it is prioritizing the needs of the many.

 Bezalel Smotrich

Israel's 2025 budget: Smotrich announces changes to how budget built, work to start this week

Per the minister's instructions, presentations on the budget will be held over two focused days instead of over the course of months.

 Bezalel Smotrich

Budget deficit could pass 10% at years end, opposition MKs warn

The result is that ahead of the 2025 budget, the state will either need to reduce its spending, which could affect its ability to provide services; or raise taxes.

 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.

No matter how big, Israel's defense budget alone can't provide security

Former INSS head says security is dependent on a diplomatic process, not just budgetary increase.

 Prime Minister Benjamin Netanyahu and National Security Minister Itamar Ben-Gvir embrace ahead of the 2023 budget vote.