Finance Ministry

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.
Finance Minister Bezalel Smotrich after a press conference at the ministry, December 4, 2025; illustrative.

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

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

Knesset legal advisor demands Finance Ministry probe into unauthorized fund transfers

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

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


Gov't approves proposal for mass increase in budget to Defense Ministry

The decision came with major opposition from ministers who were strongly against the government’s move. 

Education minister Yoav Kisch attends Education, Culture, and Sports Committee meeting at the Knesset, the Israeli parliament in Jerusalem, on May 12, 2025.

Finance Minister Smotrich rejects compensating Israelis stranded outside Israel during Iran war

Finance Committee opposed the decision and called on Netanyahu to readdress the issue.

  Israeli Finance Minister Bezalel Smotrich attends a Plenum session of the Knesset, Israel's Parliament, also attended by Argentine President Javier Milei (not pictured), in Jerusalem, June 11, 2025.

IDF backtracks after widespread texts for reservists to reimburse gov't vacation vouchers

The military’s retraction letter followed reports of text messages sent nationwide on Tuesday, informing reservists using government vouchers to return the money.

IDF soldiers operate in the Gaza Strip, August 2, 2025.

From Tel Aviv to Haifa in 30 minutes: Israel Railways to launch high-speed line by 2029

According to the Transportation Ministry, trains on the new line will be capable of speeds up to 250 kilometers per hour.

View of the Israel Railways train near the southern Israeli city of Sderot, July 21, 2025.

Israel to boost defense spending by NIS 42 b. in light of multi-front wars

The Director-General of the ministry, Maj.-Gen. Amir Baram said that this move would allow the ministry to replenish consumed stocks of weapons and ammunition. 

 An Israeli APC manoeuvres next to other military vehicles on the Israeli side of the Israel-Gaza border, July 16, 2025.

Gov't launches project to rebuild homes destroyed by Iranian missiles

The project will consolidate costs for home renovations across an apartment complex, aiming to reduce the overall cost to residents and the state.

 A Tel Aviv Apartment destroyed by an Iranian missile, June 16, 2025.

Government, labor associations announce compensation for businesses amid Iran war

The plan had previously applied to specific areas impacted by the Israel-Hamas war.

 Finance Minister Bezalel Smotrich (center) with Histadrut head Arnon Bar-David (right of center), Presidency of Business Organizations chair Dubi Amitai (left of center), and others announcing compensation for businesses, June 23, 2025.

Almost 15,000 homes damaged by Iranian attacks, thousands evacuated

Some 24 buildings were identified as needing to be demolished following damage from Iranian strikes, Finance Minister Bezalel Smotrich said.  

 Israeli security and rescue forces at the scene where a ballistic missile fired from Iran hit and caused damage in Petah Tikva, June 16, 2025

Israel's economy must function amid Iran attacks, chairman of umbrella business org says

 “The Israeli economy has been operating for nearly two years in a state of war and has gained significant experience in handling emergency situations."

 A road in Tel Aviv, June 14, 2025.

'Allies don't sanction allies': Finance Minister Smotrich unfazed by UK sanctions - interview

“There will be a very strong response toward these countries, the Palestinian Authority, and steps which will significantly strengthen Israel's presence in Judea and Samaria."

 Finance Minister Bezalel Smotrich.