Finance Ministry

Finance Ministry’s relief loan to Israel’s small, medium businesses: How does it work? - explainer

The ministry announced a relief fund for small businesses with up to NIS 25 million in annual turnover, and additional help to medium businesses.

Finance Minister Bezalel Smotrich speaks at the Knesset plenum ahead of the 2026 state budget vote, March 30, 2026.
New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021.

Iran war has cost Israel $11.5 billion in budgetary expenses, Finance Ministry says

Prime Minister Benjamin Netanyahu arrives to vote at the Knesset on the 2026 state budget, March 30, 2026.

Knesset approves 2026 state budget in final votes, avoids early elections

 HAREDI YESHIVA students

High Court orders new vote on NIS 98m haredi school funding transfer


Israel's government set to start debate on new state budget this month

Ultra-Orthodox parties Shas, UTJ threaten: Without legislation to exempt most eligible haredi men from military service, we will not support budget.

Finance Minister Bezalel Smotrich.

Plenum approves NIS 3 billion expansion of 2024 budget

Members of the opposition have argued that the addition in government spending was unnecessary since the government could procure the necessary funds in other ways.

Finance Minister Bezalel Smotrich.

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."

Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

Moody's downgrades Israel's credit rating from A2 to Baa1, to lowest rating ever

Moody's ratings are intended to give investors a simple gradation system for deciding which securities will be most reliable.

 PRIME MINISTER Benjamin Netanyahu and Finance Minister Bezalel Smotrich confer in the Knesset, last week. Moody’s announcement on lowering Israel’s credit rating is viewed by both Netanyahu and Smotrich as politically motivated, the writer notes.

The true cost of a shorter school week: The cheap solution will cost us dearly - opinion

The proposed reduction of the school week threatens Israel's education system and economy without addressing the real challenges in education.

An empty classroom

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

Finance Committee begins debate over 2024 budget amendment

The Knesset Finance Committee reviewed a new spending bill by Finance Minister Bezalel Smotrich, aiming to allocate NIS 3.4 billion for war-related issues.

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

A year later: Sharp increase in apartment purchases in July

A review by the Ministry of Finance on the housing market shows a 29% rise in housing purchases in July 2024 compared to July 2023, with new apartment sales up by 51%.

 Tel Aviv cityscape.

Israel's fiscal deficit climbs again

The figure for the end of July was 8.1% of GDP, or NIS 155 billion.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)

Criminal orgs. are making millions off Israelis' backs - this is how

"The strength of an organization is built on its money, the lack of money will make the organization disappear," the source said. 

Police operate against a criminal organization.