Israeli Government Budget

High Court lifts freeze on NIS 78m. Religious Services funding, keeps broader freeze in place

The freeze stems from a petition challenging an August 4 Knesset Finance Committee meeting held during the election recess.

High Court Justice; illustrative.
Defense Minister Israel Katz in a meeting with high-ranking IDF officials.

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

The nine-member panel at the High Court of Justice looks on as the hearing opens in Jerusalem.

High Court freezes Finance Committee budget transfers over procedural flaws

MK Vladimir Beliak reacts during a Constitution, Law and Justice Committee meeting and votes on parts of the judicial reform, at the Knesset, the Israeli Parliament in Jerusalem on July 19, 2023.

Knesset Finance Committee considers NIS 393 million transfer to Prime Minister's Office


Ohana: Knesset budget to be cut by NIS 125m. following two years of intense war with Hamas

Knesset Speaker Amir Ohana announces a NIS 125 million budget cut for 2025, with the funds directed to the treasury to support Israel's economy amid ongoing challenges.

PRESIDENT ISAAC HERZOG addresses the Knesset plenum at the opening of the winter session on October 20, 2025.

Israel's 2026 budget needs balance between defense, civilian spending, finance min says

Israel's budget deficit for 2026 needs to be no more than 4% of gross domestic product, a senior Finance Ministry official said on Tuesday.

 THE ISRAEL Tax Authority is apparently interpreting ‘mail’ to include email and downloads from the Internet.

Israel's economic resilience comes despite gov't policy, expert tells TML

Despite government claims of resilience, economists warn the new budget depends inequality, neglects infrastructure, and bets on short-term political survival over long-term economic stability.

Bezalel Smotrich is seen pointing down in an illustrative featuring credit agency Moody's.

Bank of Israel chief critical of 2025 wartime budget

Bank of Israel governor criticized the country's 2025 budget, cautioning that it would not bring down debt levels enough to offset a spike in spending caused by the war.

Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Bank of Israel offices in Jerusalem, on January 2, 2022.

Israeli government approves 2025 budget in Knesset, passing major hurdle

Finance Minister Bezalel Smotrich: budget for war and reservists • Yair Lapid: Middle class is tired of being exploited

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

Ben-Gvir agrees to vote with coalition after alleged ‘progress’ in budget negotiations

According to the statement, the Prime Minister instructed the parties to reach finalized agreements within seven days.

 Itamar Ben-Gvir (L) and Bezalel Smotrich.

Welfare, wage, and ministry cuts: Treasury unveils plan for 2025 budget

The budget outline includes closing five ministries and numerous budget cuts to ministries, which may bring resistance from ministers and slow its passage through the Knesset.

 FINANCE MINISTER Bezalel Smotrich speaks at a news conference at the Finance Ministry in Jerusalem, last week.

Here's why now is the most critical and opportune time to invest in Israeli AI tech - opinion

As the war that began on October 7 continues, Israel faces critical challenges in security, energy, and the economy, the nation must turn to its innovative spirit: AI technology.

 Strategic AI investment in Israel could create 50,000-100,000 jobs and add $100-$200 billion to GDP within five years, mirroring trends in other countries.

NIS 727 billion budget expansion passes in Knesset as Israel-Hamas War continues

The Knesset approved a second 2024 budget, driven by the Israel-Hamas war, with 57 votes for and 51 against.

Inside the Knesset building.

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.