Finance Ministry

Israel set to transfer one billion shekels to Defense Ministry for 'urgent, classified procurement'

The resolution calls for the procedure "in light of the state of emergency in which the State of Israel finds itself; given the urgent and immediate need to provide an operational response"

Defense Minister Israel Katz in a meeting with high-ranking IDF officials.
Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, August 4, 2026.

Knesset panel approves budget transfer of NIS 270 million to haredi education during recess

People visit Herodion National Park at the site in the West Bank, on January 9, 2023.

‘Zionist act of highest order’: Smotrich allocates NIS 113m. to develop West Bank heritage sites

Shekel-dollar ilustrative picture.

Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis


IDF Disabled Veterans Organization warns of 'national disaster' amid exclusion in defense budget

The warnings came amid debate in 2026 defense spending discussions, in which the Finance Ministry rejected the Defense Ministry's petitions to increase spending by NIS 40 billion.

Israeli Minister of Defense Benny Gantz, Israeli soldiers and Israeli veterans and disabled IDF soldiers seen during a march honoring IDF wounded and disabled IDF, in Tel Aviv, November 17, 2021.

Safed Rabbinical Court may close this fall despite strong local demand

Several rabbis wrote a letter to the chief rabbi opposing the decision, and the Rabbinical Courts Administration said it is doing everything "in its power" to stop the closure, the report said.

 Buildings in old city, Safed, Northern District, Israel.

The Finance Ministry’s new move targets small savings

New reform: Instead of paying a penalty to the Tax Authority every time you want to switch to a more profitable track, you will be able to skip between companies and products completely freely.

Shekels and dollars

Israel launches NIS 1.6b. package to support exporters, hi-tech

Finance officials said the plan offers immediate relief, but warned companies must also improve efficiency and adapt to the stronger shekel.

View of the Nvidia Corporation offices at the Yokneam High-Tech Park, September 8, 2024.

Smotrich launches NIS 1.6 billion aid plan for high-tech and exporters

The Ministry of Finance will inject NIS 1 billion to save startups from closing, and will distribute hundreds of millions more to industrial plants.

The Minister of Finance Bezalel Smotrich

"The Treasury took hundreds of billions from National Insurance surpluses"

Former National Insurance director general, Meir Spiegler, in an unprecedented attack on the Ministry of Finance: "Hundreds of billions in collection surpluses have disappeared."

Meir Spiegler

Goldknopf proposes lowering the VAT to 17%

Just a few months before the elections, the housing minister who voted in favor of raising the VAT proposes lowering it to 17%. The Finance Ministry clarifies that the proposals will not be adopted.

Construction and Housing Minister Yitzhak Goldknopf

The Dimona mayor’s ultimatum to the Ministry of Finance

Benny Biton, Mayor of Dimona and Deputy Chairman of the Federation of Local Authorities: "Every apartment built today represents a loss of NIS 5,000 for the local authority."

Eran Rolls, Chairman of the Israeli Building Center

End of tax exemption: Tax Authority move will cost property owners dearly in Israel

The move was formulated by the Finance Ministry led by Budget Commissioner and Chief Economist due to rising spending and need for revenue. Next government will approve a two-year budget in 2027.

Bezalel Smotrich.

New Gaza border region teachers, psychologists offered NIS 72,000 grant by Israeli government

Those sought for the grant include professionals versed in English, computers, physics, biology, chemistry, technology, therapeutic professions, kindergarten teaching, and educational counseling.

View of moshav Tkuma, southern Israel. April 1, 2025.