Israeli Government Budget

Next Israeli gov't main issue will be controlling defense budget, Bank Hapoalim CEO told conference

Yadin Antebi told EY’s annual real estate conference that Israel’s defense budget would heavily shape the public’s standard of living in the coming years.

Bank Hapoalim CEO Yadin Antebi at EY's annual real estate conference
Terrorists from Hamas's Nukhba Force being held at Ofer Prison near Jerusalem, August 28, 2024.

Gov’t allocates over NIS 1 billion to prosecute October 7 terrorists in military tribunals

New Israeli Shekel banknotes are seen in this picture illustration.

Israel’s 'bloated, unstable' gov't harms public service, wastes millions each year, report finds

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 Finance panel debates transfer of NIS 98 million to haredi schools


Israel shuts down public diplomacy ministry, budget heads to South

The Public Diplomacy Ministry was opened at the beginning of this year for the first time since 1975 and was in charge of hasbara (explaining) in Israel and abroad.

People walk with their belongings next to a bus as Israelis are evacuated from the southern town of Sderot, near Israel's border with Gaza, October 15, 2023.

Gov't allocates NIS 2 million to back non-Orthodox faith groups

These funds will be administered by the Social Equality Ministry, which is headed by Amichai Chikli.

 Jews pray while activists protest against gender segregation in the public space during a public prayer on Dizengoff Square in Tel Aviv, on Yom Kippur, the Day of Atonement, and the holiest of Jewish holidays, September 25, 2023.

Smotrich unfreezes funds for Israeli Arabs after security chiefs meeting

As part of the agreement reached, the funds will be transferred from the Finance Ministry to the Interior Ministry, which will then allocate and move the funds over to Arab local councils.

 FINANCE MINISTER Bezalel Smotrich speaks during a press conference in Jerusalem on August 9, 2023..

Pensioners and volunteers won’t save education - opinion

The system is unable to support its teachers to cope with the cost of living, and with the growing challenges in educating Israeli children.

 ISRAELI TEACHERS from different groups of society take part in the Village Way annual conference last October

How does Israel's new gov't budget impact your taxes?

Below is a review of some income tax and VAT measures thanks to the new Israeli government budget.

 PRIME MINISTER Benjamin Netanyahu, cabinet ministers and coalitin MKs celebrate the passage of the state budget in the Knesset plenum, last month.

A problematic gov't legislation comes a flood of bills by coalition MKs - opinion

It might well be that five months is too short a period to determine whether the threat to democracy will be realized.

PRIME MINISTER Benjamin Netanyahu and Justice Minister Yariv Levin enjoy a light moment in the Knesset plenum

An economy lacking bread will also have no Torah - opinion

The less economic ability Israel’s citizens have, the greater the harm to the State of Israel – and that is without even addressing the issue of risk-averse investors.

 FINANCE MINISTER Bezalel Smotrich addresses the plenum during the state budget debate in the Knesset, last week.

After passing the budget, ensuing stability will pay off - opinion

With a two-year budget in place, the government can now focus on its main goals: Preventing a nuclear Iran, expanding peace in the Middle East and driving economic growth.

 WOMEN’S ADVANCEMENT Minister May Golan takes a selfie with Prime Minister Benjamin Netanyahu and Justice Minister Yariv Levin in the Knesset, last week. Elections are not likely anytime soon, says the writer.

The dysfunctional government could stumble along until 2024 - opinion

The moment the dye was cast and the 2023-2024 budget turned into law, it became clear that our largely dysfunctional government could continue to stumble on.

 FINANCE COMMITTEE Chairman Moshe Gafni addresses the Knesset plenum. Gafni is certainly aware that Noa Kirel is not part of the curriculum of any sort of non-haredi school, nor the cause of haredi poverty.

Has Israel's business sector stopped growing?

The Melnick State Index reveals stagnation in Israeli business sector growth and signals economic concerns for the future.

 WORKERS FROM the hi-tech sector protest against the proposed changes to the legal system, in Tel Aviv, on Tuesday.