Finance Ministry

Government to arrange unpaid leave for parents with kids under 14 as schools remain remote

The move has sparked outrage from parents across the country and opposition lawmakers as schools throughout the country have continued to operate in a remote-learning format.

An illustrative image of a supportive mother talking to her child.
Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

Hitting hard: How the Iran war is decimating Israel's small businesses

Israeli shekel

Finance Ministry warns of NIS 9.5b. weekly loss, urges Home Front Command to ease restrictions

 New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021

Government approves grants for residents whose homes were damaged in Iranian missile strikes


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.

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.

Knesset legal advisor demands Finance Ministry probe into unauthorized fund transfers

The demand was made following a High Court of Justice hearing on petitions challenging the government’s transfer of more than NIS 1 billion in earmarked funds to haredi schools.

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

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

The offering included three series of bonds with terms of five, 10, and 30 years, with spreads of 90, 100, and 125 basis points above comparable US Treasury yields.

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

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.