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


Willner signals disputed haredi school transfer may return to Finance Committee

At the center of the case is a December 25, 2025, Finance Committee transfer involving education funds, including money directed to haredi institutions.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

Knesset says Finance Ministry acted unlawfully on haredi funding transfers

Knesset officials say haredi funds were distributed before approval, raising legal concerns ahead of a High Court hearing on the dispute.

 Jewish yeshiva students study at the Kamenitz Yeshiva, in Jerusalem on September 9, 2024.

Knesset Finance Committee approves Israel’s 2026 state budget ahead of final reading

The decision followed debates in the committee that went late into the night. The second and third readings are expected to take place in the Knesset plenum on Thursday.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, during the war with Iran and Hezbollah, March 15, 2026.

Knesset advances bill granting five-year tax exemption to olim, returning residents

Olim, along with returning residents who have lived abroad for at least ten years, will be eligible for the tax exemption.

Minister of Finance and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 23, 2026.

Israel registered 37% less unpaid leave applications than in previous Iran war, report reveals

In total, 7936 people registered for unemployment since the war began, of whom 55% are women, Employment Service revealed on Sunday. Of this group, 54% are mothers of underage children.

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

Gov't adds NIS 2.6 billion to defense, raising state budget by NIS 32 billion due to war

The funds were to be used for classified equipment, which the government cited as an “urgent and immediate need” to provide an operational response to the ongoing war.

 The Knesset building, home of Israel's legislature, in Jerusalem, on November 14, 2022 (Illustrative).

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.

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

BUSINESS AFFAIRS: With gatherings and nonessential work from the office prohibited, and airlines doing their best to avoid the region, multiple industries have been deeply affected by the war.

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

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

The Finance Ministry warned that the economic shutdown is costing Israel NIS 9.5 billion per week, urging a shift to an alert status and allowing businesses with protected spaces to reopen.

Israeli shekel

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

NIS 2,000 will be provided initially to each resident whose home was damaged and declared unfit for habitation, with residents additionally evacuated to a government-funded hotel.

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