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


'It's about more than money': Uncertainty remains over end to teacher strike despite deal

Despite new understandings between the Finance Ministry and the Teachers’ Union, it remains unclear whether disruptions in the education system will soon come to an end. 

 View of exterior of an empty school amid teachers strike May 5th, 2025.

Gov't members to raise own salaries while teachers strike over budget cuts - report

Just one day earlier, Smotrich wrote a letter to teachers, assuring them that rumors of government members receiving a pay raise are false.

(L to R): Defense Minister Israel Katz, National Security Minister Itamar Ben-Gvir, Prime Minister Benjamin Netanyahu, Finance Minister Bezalel Smotrich, Foreign Minister Gideon Sa'ar.

‘You are being incited with lies’: Smotrich denies Finance Ministry responsible for teacher pay cuts

Smotrich claimed there were necessary budget cuts across multiple sectors as a result of the war's growing cost.

 Finance Minister Bezalel Smotrich at Knesset, February 10, 2025.

Education Ministry backs teachers' strike on budget cuts to salaries

Benny Gantz expressed his support for the teachers as well and criticized Netanyahu's conduct on the matter.

 ONE CHALLENGE: The ongoing classroom shortage. Pictured: At a Beit Hakerem school.

High Court cannot force government to retain Bar as Shin Bet head, says Smotrich

"The responsibility for Israel's security lies with the government, and therefore, the authority [to fire Bar] rests with it," Smotrich said.

Finance Minister Bezalel Smotrich speaks in the Knesset plenum, in Jerusalem, March 25, 2025

Knesset tensions rise as opposition seeks to block budget cuts

Israel’s 2025 budget faces opposition pushback over proposed spending cuts, potentially delaying its approval ahead of the March 31 deadline.

 The Finance Committee meets in the Knesset, June 2021

Purim Spiel: Israel solves economic crisis by just printing more money

Purim Shpiel: The following is a satirical article from The Jerusalem Post's annual parodic Purim page, The Jerusalem Roast. Enjoy!

 Makin' it rain, baby.

They can't keep doing reserves forever: Families react to new benefits initiative

The plan includes benefits for combat soldiers and aims to take "meaningful steps" to deepen appreciation and aid for reservists.

 RESERVE SOLDIERS of the Be’eri Battalion.

Israel to expand financial benefits for reservists and their families

The initiative will include an allocation of around 3 billion shekels to implement measures to increase the recognition and support of reservists through financial assistance.

Reservists train during a battalion wide exercise in the Golan Heights.

Israel deficit at 5.3% of GDP, NIS 16.7 billion surplus since start of 2025, Finance Min. estimates

This follows significant tax changes that were implemented at the start of 2025 – one of the measures put in place to contend with the economic impacts of the Israel-Hamas War.

 The Finance Ministry offices are seen on May 14, 2023