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


Uncertainty on when US aid will reach Israel may lead to further 2024 budget adjustments

Because the ministry does not currently know how much American aid will arrive and when, they decided not to account for this in the current expansion of the 2024 budget.

 Finance Minister Bezalel Smotrich attends a Finance committee meeting at the Knesset, on June 10, 2024

Finance Committee begins debate over 2024 budget amendment

The Knesset Finance Committee reviewed a new spending bill by Finance Minister Bezalel Smotrich, aiming to allocate NIS 3.4 billion for war-related issues.

 Israeli Finance Minister Bezalel Smotrich attends a Finance committee meeting at the Knesset, the Israeli parliament on June 10, 2024.

A year later: Sharp increase in apartment purchases in July

A review by the Ministry of Finance on the housing market shows a 29% rise in housing purchases in July 2024 compared to July 2023, with new apartment sales up by 51%.

 Tel Aviv cityscape.

Israel's fiscal deficit climbs again

The figure for the end of July was 8.1% of GDP, or NIS 155 billion.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)

Criminal orgs. are making millions off Israelis' backs - this is how

"The strength of an organization is built on its money, the lack of money will make the organization disappear," the source said. 

Police operate against a criminal organization.

2025 budget to include freeze of annual social security benefit increase, Smotrich says

Smotrich presented what he deemed the "central principles and budget framework," and did not lay out expected budgets in specific ministries.

Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, July 22, 2024.

Finance C’ttee approves NIS 396m. to extend aid to the residents of North and South

The Knesset Finance Committee approved nearly NIS 400 million for evacuee aid, sparking criticism over fund allocation and timing.

 View of a plenum session at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, August 5, 2024.

Israel implements automated doctors note, revolutionizing sick days

Insured Israelis will soon be able to obtain a digitalized doctor's certificate without visiting a doctor, significantly reducing doctors' loads.

Illustrative: Digitalized doctors certificates will take a burden off doctors and patients.

Smotrich advances extra-budgetary war funds despite Finance min professional warning

Finance Minister Smotrich seeks approval for a NIS 3 billion fund to cover war expenses, sparking internal tension over Israel's budget management.

 Finance Minister Bezalel Smotrich speaks at the the The 10th Katif Conference for National Responsibility. August 5, 2024.

Government to approve additional three billion NIS for evacuees, reserve force, and Oct. 7 victims

The government is expected to approve the Finance Minister's proposal for a nearly three billion NIS budget supplement to fund evacuations, military reserves, and assistance for October 7 victims.

Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, July 22, 2024.